Welcome to 43 Fittons Road West in Orillia. This home is a wonder of yesteryear and is the original Gibson farm home. Unfortunately, time has moved on, and this home is now slated for demolition unless you have the vision and time to restore it. This property has recently received permission (Subject to conditions) to sub-divide into 4 lots containing 2 x semi detached duplex's to be built on each lot. For the investor with some vision, this represents the opportunity to build some equity or build both semis and sell one for-profit, helping to reduce the overhead cost on the remaining one. If you really have the vision, you will see that there is potential to build a garden suite behind each one of these semi-detached homes, providing even more potential for increased equity and cash flow. This type of in-fill lot with permission (Subject to some conditions) to build doesn't come along every day and may provide you with that next level-up investment project that you have been looking for. Please note that the current home on the property is in very poor condition and should only be entered with extreme caution or not at all. All utility services to this property have been disconnected. Land Value + Plans. (id:47423)
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Listed By
Keller Williams Experience Realty Brokerage, Royal LePage Locations North (Collingwood), Brokerage
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Detailed Information
Lot
92 x 131 ft
Amenities Nearby
Schools
Features
Southern exposure, Corner Site
Listing Contract Date
2024-04-17
Location Description
Corner of Fitton's Road and Leach Street
Ownership Type
Freehold
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
R1
Building
Basement Type
None
Utility Water
Municipal water
Utilities
Type
Description
Natural Gas
Available
Telephone
Available
Land
Total Size
0.276 acres
Access Type
Highway access
Amenities
Schools
Sewer
Municipal sewage system
Size of Irregular Land
0.276
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