850 15 Line North, Oro Medonte | Image 1

850 15 Line North

Oro Medonte, Rural Oro-Medonte

  • Commercial

$4,200,000
For Sale

Added 1 week ago

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  • Type: Land

  • Property Type: Commercial

  • Business Type: Residential

  • Zoning: AG/RU

  • Age: No Data

  • Taxes: 4835.62

  • MLS®#: S11968611

  • Days on Site: 2 Days

  • Added: Feb 09, 2025 (1 week ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: CENTURY 21 B.J. ROTH REALTY LTD.

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.

Property

  • Status: Sale

  • Type: Residential

  • Property Type: Land

  • Property Type: Raw (Outside Official Plan)

  • Area: Oro Medonte

  • Community: Rural Oro-Medonte

  • Availability Date: To be determin

Utilities

  • Utilities: Available

Building

  • Water Supply: Well

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 7 CON 1 SOUTH ORILLIA, PTS 2, 3, 5 & 8 PL 51R18771 EXCEPT

  • Taxes: $4,836

  • Taxes Type: Annual

Land

  • Cross Street: Line 15 and Old Barr

  • Municipality District: Oro-Medonte

  • Parcel Number: 585720336

  • Sewer: Septic

  • Lot Depth: 2047 Feet

  • Lot Frontage: 2011 Feet

  • Zoning: AG/RU

Commercial Specific

  • Rail: N

  • Total Area: 99.79

  • Total Area Metric: Acres

  • Lot Code: Lot

Car-Dependent

  • Almost all errands require a car.
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