43 FITTONS Road W, Orillia - Listed at $499,999. | Modern Solution Realty

43 FITTONS Road W, Orillia

43 FITTONS Road W in Orillia - 4 bedroom, 2 bathroom. Listed at $499,999.

Builders, developers and investors, take a closer look at the potential of 43 Fittons Road West in Orillia. The real value here is in the property and what can be developed. Currently in the final stages of severance into 4 individual building lots, most municipal conditions have already been satisfied. Committee of Adjustment approval was secured, no plan of subdivision is required, and a registered reference plan and architectural drawings are already in place. The proposed development consists of 4 semi-detached duplexes, creating a total of 8 family-sized units. Build and sell, build and hold, or choose a combination of both. There may also be potential for garden suites, providing another opportunity to add value and generate rental income. An older home currently sits on the property and is being sold as-is. With much of the planning and groundwork already completed, this is an opportunity to move forward with an exciting infill development in Orillia. Optional support is also available to help with permitting, construction sequencing, etc.

Property Details

  • Property Type: Mortgage
  • Style: 2-Storey
  • Square Footage: 1750 sqft
  • Basement: Full
  • Heating: Gas
  • Cooling: None
  • Parking: 7 spaces
  • Property Taxes: $4,319.37/yr
  • Neighbourhood: Orillia
  • Postal Code: L3V 3T7

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