Rare Investment Opportunity in a Thriving Lakeside Community – $599,000
Dreaming of developing in one of Orillia’s most sought-after neighbourhoods? Look no further than 198 Borland St E, a rare and exceptional 103 ft x 210 ft R2-zoned parcel just steps from Lake Simcoe. Priced at $599,000, this unique offering sits next to a fourplex and holds significant future development potential for townhomes or a low-rise residential project (buyer to verify).
Although a home exists on the property, the value is in the land – a canvas ready for your vision. Located close to downtown Orillia, shopping, and scenic lakefront parks, this is an ideal spot for smart investors and developers.
Key Features:
R2 Zoning – Development-friendly
Massive Lot: 103 ft frontage x 210 ft depth
Steps from Lake Simcoe & Waterfront Trails
Adjacent to Fourplex – Potential for multi-unit build
Close to downtown, amenities, and shopping
2024 Taxes: $5,307.78
MLS® #: S12208159
View all property photos here:
https://listingsto.ca/198-
Whether you're planning a boutique townhome project or holding for future value, this lot is an incredible opportunity in a fast-growing community.
Location: 198 Borland St E, Orillia, Simcoe, ON L3V 2C3
List Price: $599,000
Don’t miss out — contact us today to schedule a site visit or learn more about development options.