Discover an exceptional investment property at 190 Borland St E, Orillia — a spacious two-storey fourplex priced at $1,199,000. This versatile building offers 12+1 bedrooms, 5 bathrooms, and 10 parking spaces across 3,500 to 5,000 sq ft, situated on a large lot in a highly desirable location. Originally designed as a fiveplex, the property can be converted back, providing added flexibility for investors.
Located close to Lake Simcoe, downtown Orillia, and shopping amenities, this property boasts R2 zoning with exciting future development potential for townhomes or a low-rise project. While the building requires some TLC, its prime location and ample parking make it a rare find in the Simcoe region.
Explore the detailed floorplans and learn more about this promising opportunity here:
🔗 190 Borland St E Listing
📄 Floorplans PDF
Whether you're an investor looking to expand your portfolio or a developer eyeing future possibilities, 190 Borland St E offers great value in Orillia’s growing market.
2024 Taxes: $11,680
MLS® #: S12208156
Don’t miss out — contact us today to schedule a site visit or learn more about development options.