221 Matchedash Street, Orillia, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Orillia. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $285,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Generous living space spanning < 700 sqft on a premium 38.8 x 115 ft lot
- Notable attributes: None
Description
Attention builders and investors! Partial VTB available for qualified purchaser! Vacant land for sale, corner lot on a quiet street. Building permit is ready and paid for. Fantastic opportunity to build a duplex with a 3rd lower unit for a total of three private units.Purpose build for multi-generational families or savvy investors. The custom designed side-by-side duplex and basement suite is optimized for modern living and premium rental rates. Walking distance to shopping,restaurants, parks, schools, etc. Easy access to hwy 11 and hwy 12. Building permit is paid for and in place,drawings are complete including grading plans, development fees have been paid. The third unit can be constructed once the duplex in complete for a minimal municipal fee. One of the Director of the selling corporation is a Registered Real Estate Sales Person with eXp REALTY INC.BROKERAGE
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Property Summary
This vacant land located at 221 Matchedash Street, Orillia is currently for sale and has been available on SousaSells for 3 days. This property is listed at $285,000 with an estimated mortgage of $949* per month. It has 0 beds, 0 bathrooms, and is < 700 square feet. 221 Matchedash Street, Orillia is in the Orillia neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 221 Matchedash Street S, Orillia, ON L3V 4X1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Orillia, ON
For a property listed at $285,000 in Orillia, the legal minimum down payment is $14,250 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,750 for this transaction. As this listing is in Orillia (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,750.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.