850 15 Line,Oro-Medonte, ON L3V 8H8
Oro-Medonte, ON L3V 8H8
Description
Discover an exceptional opportunity with 850 Line 15 North, Oro-Medonte. This expansive 99.79-acre property, boasting approximately 45 acres primed for development, presents unmatched potential for astute investors. The City of Orillia is currently evaluating the property for potential annexation into its settlement boundaries, with a decision anticipated within the next twelve months. This strategic move could lead to a favorable zoning change, likely incorporating residential and commercial uses, thereby significantly enhancing the property's value. Strategically located near key community hubs, including Lakehead University and Costco, this property offers unparalleled accessibility to essential amenities. Ideal for residential, commercial, or mixed-use development. The proposed future Sewage Pump Station on Old Barrie Road underscores the areas commitment to robust infrastructure, a pivotal advantage for substantial commercial and residential projects. Additionally, the property's expansive acreage supports agricultural endeavors, offering supplementary income potential through farming or horticulture.
Details
| MLS# | S11968611 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 77 |
| Listing Provided By | CENTURY 21 B.J. ROTH REALTY LTD. | S11968611 074711 |
Features
| SQ Feet | 4,346,852 |
|---|---|
| Acreage | 99.79 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Simcoe |
| City | Oro-Medonte |
| Postal Code | L3V 8H8 |
| Area | Rural Oro Medonte |
| Listing VS Median (in L3V 8H8) | |
Price: $4,200,000 low | high Med: $4,200,000 SqFt: 4,346,852 low | high Med: 4,346,852 $ / SqFt: $1 low | high Med: $1 On site: 77 low | high Med: 77.000000 | |