43 Fittons Rd, Orillia, Ontario L3V 3T7
Contact us about this property
Highlights
Est. Mortgage$3,303/mth
Tax Amount (2023)$4,994/yr
Description
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.
Property Details
Interior
Features
Main Floor
Porch
2.31 x 4.62Bedroom
3.10 x 3.12Living Room
4.32 x 4.57Dining Room
3.76 x 4.55Exterior
Features
Parking
Garage spaces 1
Garage type -
Other parking spaces 6
Total parking spaces 7