Home ›Listings ›Orillia ›S12311275

217 Atherley Drive Orillia ON

📍 Orillia, Ontario L3V 1N6

$359,000

Active
50×214.5LOT (FT)
NewAGE

📋 Listing Highlights

StatusActive
MLS®S12311275
ListedJul 28, 2025
Days on Market—
Property TypeResidential Freehold
StyleVacant Land
Cross StreetAtherley And Millard
PossessionImmediate

📝 Listing Description

Premium Downtown Waterfront Building Lot with Approved Permits Ready to Build An exceptional opportunity to build a luxury side-by-side duplex in Orillia's sought-after waterfront downtown area. Permit-approved and ready to go, this project includes over 4,000 sq ft across three levels, plus a legal self-contained basement apartment, private elevator, and a 50 sq meter rooftop terrace with breathtaking views of Lake Couchiching. Key Features: A large, premium lot with a survey and building plans included. Walking distance to parks, beach, marina, downtown shops, cafes, and restaurants R3 zoning permits 6 to 8 units. Vendor Take Back (VTB) financing is possible. The buyer is responsible for the development and building charges. 219 Atherley Rd is included in the purchase price. Taxes are currently based on vacant land. HST may be applicable. Whether you're building a luxury duplex or exploring the full potential of multi-residential development under R3 zoning, this property offers substantial upside in a prime location. Note: Listing agent has an ownership interest in the property.

🏠 Property Details

Property TypeResidential Freehold
StyleVacant Land
Approx. AgeNew

📐 Lot & Land

Lot Width50 ft
Lot Depth214.5 ft
Cross StreetAtherley And Millard

🔧 Building & Utilities

GarageNone

💰 Financial

List Price$359,000
Annual Taxes$886 (2024)
PossessionImmediate

🧮 Mortgage Calculator

$71,800
Est. Monthly Payment
$1,764/mo
Principal: $287,200 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by LPT REALTYData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #S12311275 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.