$6,000,000 FOR SALE

Land

Lot: 2,011 x 2,046 ftTotal Area: 99.79 acres
2024 Taxes: $4,627.28

850 15 Line N
Oro-Medonte, ON L3V 6H1 | Rural Oro-Medonte | Simcoe

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. The proposed future sewage pump station on Old Barrie Road underscores the area's commitment to robust infrastructure, a pivotal advantage for substantial commercial and residential projects.

Extras
Strategically located near community hubs including Lakehead University and Costco, this property offers unparalleled accessibility to essential amenities ideal for residential, commercial or mixed-use development.

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Listed By CENTURY 21 B.J. ROTH REALTY LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number S9004206
Last Updated Sep 10, 2024
Property Summary
Property Type Land

More like this:
Category Raw (Outside Official Plan)
PIN 585720336
Legal Description PT LT 7 CON 1 SOUTH ORILLIA, PTS 2, 3, 5 & 8 PL 51R18771 EXCEPT PT 1 PL 51R24861; S/T RO1052210 & RO1428754; S/T EASEMENT
Occupancy Owner
Possession Date Negotiable
Taxes (2024) $4,627.28
Tax Type Annual
Assessment (2024) $4,835
Directions/Cross Streets Line 15 N and Old Barrie Rd
Neighbourhood Rural Oro-Medonte
Area Simcoe
Price History
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Detailed Information
Lot 2,011 x 2,046 ft
Total Area 99.79 acres
Sewers None
Utilities Y
Water Well
Lot/Bldg/Unit Code Lot
Zoning Agriculture/Rural
Seller Property Info Statement N

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