Exceptional North Ward Home with Deeded Lake Access & Unmatched Workshop or ADU Opportunity! Fantastic opportunity in the desirable North Ward! This 1400 sq ft home plus finished basement offers 3 comfortable bedrooms and 1.5 bathrooms, plus a versatile finished basement. The oversized 86’ x 210’ lot includes the incredible benefit of deeded access to Lake Couchiching. A standout feature is the 30’ x 60’ (1,800 sq ft) insulated garage/workshop, meticulously constructed with auxiliary dwelling unit (ADU) conversion in mind. It boasts 200-amp electrical service and pre-installed rough-ins for water, gas, and sewer, making conversion remarkably straightforward. While currently R2 zoned, a minor variance (estimated $1,200) unlocks substantial value for multigenerational living, significant rental income, or boosting future resale. Enjoy peace of mind with a high-grade steel roof and new furnace/A/C (October 2024). Additional attributes include professional landscaping, an enormous driveway, a inviting walkout deck, and a spacious finished recreational room. This property truly offers an unparalleled blend of quality, location, and income potential.
MLS # | 40736044 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Year | 1961 |
Days On Site | 13 |
Listing Provided By | Coldwell Banker The Real Estate Centre Brokerage | Jason Schlegel |
Bed(s) | 3 |
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Bath(s) | 2 Total |
SQ Feet | 1,400 |
Garage | 2 |
Basement | Y |
Units | 1 |
Building(s) | 1 |
Zoning | RES |
Acreage | 0.42 |
Golf Course | Yes |
Water Front | Yes |
Property | 1966 |
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Province | ON |
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County | Simcoe County |
City | Orillia |
Postal Code | L3V 2L7 |
Area | Orillia |
Subarea | North Ward |
Community Name | North Ward |
School District | Orillia Secondary School |
Elementary School | Couchiching Hts /Secondary-Park/ |
Listing VS Median (in North Ward) | |
Price: $859,900 low | high Med: $679,000 SqFt: 1,400 low | high Med: 966 $ / SqFt: $614 low | high Med: $703 On site: 13 low | high Med: 141.000000 |