205 Orchard Street

About This Property

IMMEDIATE Possession available! Pretty rare these days to find a double lot backing onto greenspace, with incredible privacy under an arbour of trees, gorgeous hillside scenery, and a fully serviced residential house all in one for such an affordable price tag! And, right in the heart of the downtown core, yet off to the side on a quiet treed dead-end street, reminiscent of storybook settings. And around the corner from the Little Beach! This 1.5 storey house comes with these key updates as of 2022: 200 amp electrical panel, new gas meter, new water meter, and owned HWT ( new in 2021); Roof was reshingled in 2021. Low property taxes for being right in the heart of the downtown core, with steps to all amenities. A perfect property for builders, renovators, and/or investors seeking a prime lakeside location who have a vision for this ideal location! Build up to 3 storeys here! It may be possible to see the Harbour from the 3rd level! The residential house is grandfathered-in as a legal non-conforming Residential house in a mixed-use B1 zoned community. So keep as much of the house as possible incl the foundation if you want to utilize it as your private residence or as a rental. Purchase to add your favourite commercial business to the house & property, many options here! Lot can only be severed if the intended use of the severed lot is to build a mixed-use building to comply with the current B1 zoning. Zoning info is available upon request. B1 has its advantages! More advantages here than owning a residential lot if you're looking for a private spa-like atmostphere! . Survey is in the photos. Book your showing with your Realtor to discover how you can transform this dreamy location into your long term residential home with business advantages!