Orillia (1 hr. to Toronto) Waterfront Development Opportunity, $3.29M, zoning for 9 town homes in place, presently rented to 23 tenants (PHOTO)
<html><head><style> BODY { BACKGROUND-COLOR: white; COLOR: #333365; FONT-FAMILY: Verdana, Arial, Helvetica; FONT-SIZE: 9pt; } H2 { COLOR: #cc9900; FONT-SIZE: 12pt; FONT-WEIGHT: normal; } TH { COLOR: darkslategray; BACKGROUND-COLOR: #eeeeee; FONT-SIZE: 9pt; TEXT-ALIGN: center; } TH.dispLabel{ BACKGROUND-COLOR: gainsboro; COLOR: darkslategray; FONT-SIZE: 9pt; PADDING-RIGHT: 10px; TEXT-ALIGN: right; } TD.dispData { BACKGROUND-COLOR: gainsboro; COLOR: darkslategray; FONT-SIZE: 9pt; PADDING-RIGHT: 10px; TEXT-ALIGN: left; } TD.number { TEXT-ALIGN: right; PADDING-RIGHT: 10px; } </style></head><body><table><tr><th class='dispLabel'>Message Number</th><td class='dispData'>432508</td> </tr> <tr><th class='dispLabel'>status</th><td class='dispData'>Active</td> </tr> <tr><th class='dispLabel'>Subject Line</th><td class='dispData'>Orillia (1 hr. to Toronto) Waterfront Development Opportunity, $3.29M, zoning for 9 town homes in place, presently rented to 23 tenants (PHOTO)</td> </tr> <tr><th class='dispLabel'>Business area</th><td class='dispData'><table class='tree1'><tr><td class='tree1'><table class='tree'><tr><td class='tree2'>Canada</td></tr><tr><td class='tree2'><table class='tree'><tr><td class='tree2'>Ontario</td></tr><tr><td class='tree2'><table class='tree'><tr><td class='tree2'>Northern Ontario</td></tr><tr><td class='tree2'><table class='tree'><tr><td class='tree2'>Barrie and Orillia</td></tr><tr></tr></table></td></tr></table></td></tr></table></td></tr></table></td></tr></table></td> </tr> <tr><th class='dispLabel'>Have/Want</th><td class='dispData'>Have</td> </tr> <tr><th class='dispLabel'>Business category</th><td class='dispData'>Subdivision Potential/Condo Sites/Townhouse Sites/Building Lots<br>Recreational Sites/Senior Lifestyle Sites/Golf Courses/Resorts/Trailer Parks<br>Apartment buildings/multi unit/condo townhouse projects/investments<br>Residential estates single family homes condos cottages, vacation homes</td> </tr> <tr><th class='dispLabel'>Date of Listing</th><td class='dispData'>March 4 2025</td> </tr> <tr><th class='dispLabel'>Type Description</th><td class='dispData'>Waterfront Investment</td> </tr> <tr><th class='dispLabel'>Location</th><td class='dispData'>Orillia</td> </tr> <tr><th class='dispLabel'>Price</th><td class='dispData'>$3,290,000.00</td> </tr> <tr><th class='dispLabel'>Comments</th><td class='dispData'>Located in a beautiful bay in the central Orillia. <br>The property is ripe for a new development with zoning for 9 town homes in place. $3.290,000. <br>23 unit multi family complex consisting of 4 two bedrooms, 3 two room bachelors and 16 bachelor units. Property has been re-zoned R4-7 to allow 9 side by side waterfront town homes. Land is approx 170′ x 171 with additional rare water lot approx 170 x 100 x 180 x 100. Currently has been a holding property with existing cash flow with Gross Income of $216, 624 and Net of $103,624.</td> </tr> <tr><th class='dispLabel'>Internet Links</th><td class='dispData'> <p><img src="https://lakeviewrealty.ca/wp-content/uploads/Development-Opportunity-on-Lake-Couch-in-Orillia_opt.png" border=0></p><p><a href="https://www.orillia.ca/en/doing-business/invest-downtown-orillia.aspx" target="_blank"> One of the top cities to live or invest in Canada </a></p></td> </tr> <tr><th class='dispLabel'>View my Other Listings, Haves and Wants:</th><td class='dispData'><a href='/Result1.jsp?ft=ntce&prop.mid_eq=11551'>CLICK HERE!</a></td> </tr> <tr><th class='dispLabel'>Control</th><td class='dispData'>Partner</td> </tr> <tr><th class='dispLabel'>Name</th><td class='dispData'>Michael J Preston</td> </tr> <tr><th class='dispLabel'>Title</th><td class='dispData'>Broker of Record / Owner</td> </tr> <tr><th class='dispLabel'>Company Name</th><td class='dispData'>Lakeview Realty, Inc., Brokerage</td> </tr> <tr><th class='dispLabel'>Address Line One</th><td class='dispData'>57 Matchedash Street North</td> </tr> <tr><th class='dispLabel'>City</th><td class='dispData'>Orillia</td> </tr> <tr><th class='dispLabel'>State/Province</th><td class='dispData'>Ontario</td> </tr> <tr><th class='dispLabel'>Zip/Postal Code</th><td class='dispData'>L3V 4T7</td> </tr> <tr><th class='dispLabel'>Country</th><td class='dispData'>Canada</td> </tr> <tr><th class='dispLabel'>Business Phone Number</th><td class='dispData'>(705)325-3600</td> </tr> <tr><th class='dispLabel'>Cell Number</th><td class='dispData'>705-309-1747</td> </tr> <tr><th class='dispLabel'>FAX Number</th><td class='dispData'>705-329-0393</td> </tr> <tr><th class='dispLabel'>Email Address</th><td class='dispData'><a href='https://iciworld.com//emailForm.jsp?mid=11551&msgnum=432508'>Send Email</a></td> </tr> <tr><th class='dispLabel'>Home Page</th><td class='dispData'><a name='' href='https://www.lakeviewrealty.ca/' target='_blank'>Home Page</a></td> </tr> </table><p><a href="https://iciworld.com/for-the-public/">For The Public, buyers and sellers.</a></p> <p><a href="https://iciworld.com/for-members/">For Real Estate Brokers and Salespeople</a></p> <p>Global Real Estate Networking Provided By The ICIWorld Association of Real Estate Brokers and Salespeople. 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