Property Description

Attention Builders, Developers And Investors! Excellent Residential Redevelopment Opportunity At 339 Gill Street In Orillia! Situated On A Corner Lot In An Established Residential Neighbourhood, This Property Offers Significant Potential For Future Intensification. The City's Proposed New Official Plan Identifies The Gill Street Area For Evolving Residential Development, Contemplating A Broader Range Of Housing Options Including Townhouses, Multiple-Unit Residential Dwellings And Low-Rise Apartment Buildings, Together With Certain Small-Scale Commercial And Live-Work Uses. Conveniently Located Near Downtown Orillia, Shopping, Schools, Transit And The Waterfront. Property Is Currently Zoned R3. All Redevelopment Opportunities Are Subject To Applicable Planning Policies, Zoning, Floodplain Requirements, Municipal Approvals And Servicing Capacity. Buyers To Complete Their Own Due Diligence. Structures Are Not Livable. (id:7434)