339 Gill Street, Orillia, ON
Property Highlights
Welcome to this remarkable 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 $499,990 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 80 x 139.26 ft lot size
- equipped with no central cooling and highly efficient none heating
Description
Welcome To 339 Gill Street! This Corner Property Is One Of A Kind! Suitable For Many Uses Including An Apartment Building Or A Townhouse Project. R2 Zoning. Water, Gas, Electricity & Sewer Services At Lot Line. Conveniently Located In A Mature, Residential Neighbourhood With Three-story Apartment Buildings That Are Fully Tenanted. Starbucks Is Right Around The Corner. Bus Line Right In Front Of The Property. Detached Property & Separate Garage Included. Structures Are Not Livable/Usable. Located Just Minutes Away From Downtown Orillia, Orillia's Waterfront, Plazas, Shops, Restaurants And Municipal Services! Higher Density May Be Available. Investment Opportunity! Potential Severance. Being Sold "As Is" With No Representations Or Warranties. Vacant And Ready For Immediate Possession.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 339 Gill Street, Orillia, ON L3V 4K3
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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 $499,990 in Orillia, the legal minimum down payment is $25,000 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 $6,475 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 $6,475.
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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.
