124 Davey Drive, Orillia, ON L3V 4G8

$598,999
2
BD
2
BA
1,100
SqFt

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List Price
$598,999
MLS#
S13542540
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
Bungalow
Bedrooms
2
Bathrooms
2
Living Area
1100-1500
Province
ON
Municipality
Orillia
Area
Simcoe
Neighborhood
Orillia
Subdivision
Front To Elgin To Cedar Island To Davey

Property Description

RARE Lake Couchiching WATERFRONT INVESTMENT and development opportunity in Orillia! Located on the tranquil shores of Pumpkin Bay, this exceptional waterfront property features approximately 50 ft of water ownership, breathtaking eastern sunrises, direct access to the Trent-Severn Waterway for endless boating. The existing home has been FULLY GUTTED and is ready for redevelopment. According to the City of Orillia's zoning department, the property permits a semi-detached dwelling, a second storey, and up to five additional residential units, creating exceptional investment and development potential. Situated on a rare double lot, the property also offers future severance potential (buyer to complete their own due diligence). Just a 7-minute walk to Downtown Orillia, you'll enjoy boutique shops, restaurants, cafés, waterfront parks, nearby walking and cycling trails. Whether you're looking to build a luxury lakeside residence, develop an income-producing property, or create your own four-season waterfront paradise, this is a rare opportunity to make your vision a reality.

Additional Information

Taxes
$5,973
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Family Room
Yes
Kitchens
1
Exterior
Vinyl Siding
Waterfront Type
Direct
Garage Spaces
1
Garage Type
Detached
Pool
None
Parking Spaces
5
Parking Type
Private Double

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Calculator source: Real Geeks

Listing courtesy of THE AGENCY.