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850 15 Line N Oro-Medonte, Ontario L3V 6H1

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99.79 ac

$6,000,000

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. 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. (id:50638)

Property Details

MLS® Number S9004206
Property Type Vacant Land
Community Name Rural Oro-Medonte

Building

Size Interior 99.79 Ac

Land

Acreage No
Size Depth 2046 Ft
Size Frontage 2011 Ft
Size Irregular 2011 X 2046 Ft
Size Total Text 2011 X 2046 Ft
Zoning Description Agriculture/rural

https://www.realtor.ca/real-estate/27111907/850-15-line-n-oro-medonte-rural-oro-medonte