Quick Summary
Quick Summary
- Opportunity to subdivide into 4 lots
- Potential to build semi-detached duplexes
- Potential to build garden suites for increased equity
- In-fill lot with permission for development
- Opportunity for level-up investment project
- Original Gibson farm home with historical value
- Property slated for demolition unless restored
- All utility services to the property disconnected
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 to sub-divide into 4 lots containing 2 x semi... Show More
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 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. VTB is not available. (id:54626)
Property Details
Size
Parking
Lot
Build
Heating & Cooling
Utilities
Rooms
3pc Bathroom
Bathroom
Sunroom
15′9″ x 7′10″
Bedroom
12′10″ x 9′4″
Bedroom
14′11″ x 11′5″
Bedroom
15′1″ x 9′3″
Sitting room
12′11″ x 9′5″
Ownership Details
Ownership
Book A Private Showing
For Sale Nearby
Sold Nearby
- 1,500 - 2,000 Sq. Ft.
- 4
- 2
- 4
- 2
- 3
- 2
- 4
- 2
- 1,100 - 1,500 Sq. Ft.
- 4
- 2
- 4
- 3
- 700 - 1,100 Sq. Ft.
- 4
- 2
- 4
- 2
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