43 Fittons Road W

Orillia, ON

MLS® 40571821

For sale
$769,000

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.
Property Details
Property Type
Land
Other Structures
Second Garage
Community Features
Urban
Rectangular
Corner Lot
Highway Access
Schools
Building
Building Type
Residential
Sewer
Sewer (Municipal)
Water Source
Municipal
Land
Lot Depth
130.76 ft
Lot Front
91.83 ft
Lot Size Area
0.276
Acres
< 0.5 Acres
Zoning
R1
HoodQ
Walk Score
Keller Williams Experience Realty Brokerage
Royal LePage Locations North (Collingwood), Brokerage

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Listing ID: 148803172
Last Updated: 2024-04-17 12:33:21