374 Brewery Lane, Orillia, ON

$1,700,000
MLS#:S9308635
0 beds
0 baths
Residential Freehold
374 Brewery Lane, Orillia, ON L3V 7H8
⚠️

Property no longer active

This property was sold on September 20, 2024. This listing is for reference purposes only. to view the sold price.

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 $1,700,000 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
  • Premium 90.94 x 246.59 ft lot size
  • Notable attributes: None

Description

Heres your chance to own a stunning vacant waterfront lot on the exclusive Brewery Lane in Orillia! This .5-acre lot features 91 feet of Lake Couchiching frontage with spectacular western exposure, offering unforgettable sunsets and serene views. Equipped with a beautiful boat dock, complete with lifts for both sea doos and a boat, this property is ideal for creating your lakeside paradise. The spacious lot provides ample room for building a custom luxury home with the possibility of adding a dry boathouse and all the high-end features you desire. You also have the option to combine this lot with the neighboring luxury property, creating an expansive waterfront estate with nearly 200 feet of frontage. Dont miss out on the chance to design your dream home and secure this prime piece of lakefront property!

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Property Summary

This vacant land located at 374 Brewery Lane, Orillia is currently for sale and has been available on SousaSells for 696 days. This property is listed at $1,700,000 with an estimated mortgage of $5,659* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 374 Brewery Lane, Orillia is in the Orillia neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Orillia, Orillia.

Great for Small Household / Couples
What We Love About This Home
  • Desirable Vacant Land architecture in Orillia, Orillia
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

000
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 20, 2024
Sold price information is available to members only
Listed Date9/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size90.94 × 246.59 Feet
CountySimcoe
Annual Tax$5,884
Legal DescriptionPCL 5-1 SEC M176; LT 5 PL M176 ORILLIA; ORILLIA

Parking & Garage

Heating & Cooling

Features

Property Features

None listed

Interior Features

  • None

Security Features

  • None

Community Features

None listed

Frequently Asked Questions about 374 Brewery Lane, Orillia, ON

Q.What is the asking price for 374 Brewery Lane, Orillia, ON ?

The current listing price for 374 Brewery Lane, Orillia, ON in Orillia, Orillia is $1,700,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 0 bedrooms and 0 bathrooms.

Q.What property type and architectural style is 374 Brewery Lane, Orillia, ON ?

374 Brewery Lane, Orillia, ON is a Vacant Land () featuring a basement.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.What security features are installed at 374 Brewery Lane, Orillia, ON ?

Security features include: None.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via .

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374 Brewery Lane, Orillia, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 374 Brewery Lane, Orillia, ON L3V 7H8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Orillia.

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Interest Rate4.00%
Down Payment$510,000 (30.0%)
* Minimum Canadian down payment required for this price is $340,000.
Amortization Period30 Years
Estimated Monthly Payment$5,659Based on a loan of $1,190,000 over 30 years.
Purchase Price$1,700,000
Loan Amount$1,190,000
Provincial Land Transfer Tax:$30,475
Total Estimated Closing Taxes:$30,475

About Purchasing a Home in Orillia, ON

For a property listed at $1,700,000 in Orillia, the legal minimum down payment is $340,000 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 $30,475 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 $30,475.

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Orillia, Orillia Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Orillia, Orillia.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$876,130

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Orillia, Orillia

Elementary Schools

Lions Oval
Public25 Brant Street West, Orillia, Ontario, L3V 3N6
4.2
Harriett Todd
Public11 George Street, Orillia, Ontario, L3V 2V1
5.8
Orchard Park
Public24 Calverley Street, Orillia, Ontario, L3V 3T4
4.5
Monsignor Lee
Public14 Fittons Road East, Orillia, Ontario, L3V 2H9
5.6
Regent Park
Public485 Regent Street, Orillia, Ontario, L3V 4E2
3.9

Secondary Schools

Orillia
Public250 Collegiate Drive, Orillia, Ontario, L3V 7S5
5.5
Twin Lakes
Public381 Birch Street, Orillia, Ontario, L3V 2P5
4.9
Patrick Fogarty
Public15 Commerce Road, Orillia, Ontario, L3V 0Z2
4.2

Orillia, Orillia Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.