850 15 Line N Oro-Medonte, Ontario L3V 8H8
$4,200,000
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. (id:44022)
Business
| Business Type | Residential |
| Business Sub Type | Residential |
Property Details
| MLS® Number | S11968611 |
| Property Type | Vacant Land |
| Community Name | Rural Oro-Medonte |
Building
| Size Interior | 99.79 Acres |
Land
| Acreage | No |
| Sewer | Septic System |
| Size Depth | 2047 Ft |
| Size Frontage | 2011 Ft |
| Size Irregular | 2011 X 2047 Ft |
| Size Total Text | 2011 X 2047 Ft |
| Zoning Description | Ag/ru |
https://www.realtor.ca/real-estate/27905521/850-15-line-n-oro-medonte-rural-oro-medonte
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February 12 2025 02:33:30
Toronto Regional Real Estate Board
Century 21 B.j. Roth Realty Ltd.