29 days on Market

113 Colborne St, Orillia, Ontario L3V 1V2

Townhouse
4
4
~2000-2500 sqft
$899,000
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Townhouse
4
4
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$404/sqft

Est. Mortgage$3,861/mo

Tax Amount (2025)$3,400/yr

Days On Market29 days


Description

Welcome to 113 Colborne Street, a prime triplex located in the heart of downtown Orillia! This property presents an exceptional investment opportunity with significant development potential. Located between 2 of the newest Orillia waterfront development projects, Sunshine Harbour and the Sterling townhome Fresh development. Nestled in a vibrant neighborhood, this triplex features three separate units, each with its own unique charm, offering immediate rental income or the perfect canvas for your renovation dreams.The spacious layout provides ample living space for tenants, while the location ensures easy access to local amenities, shops, and public transportation. With the downtown area experiencing exciting growth and revitalization, this property is poised for appreciation and offers an exciting prospect for both seasoned investors and first-time buyers.Dont miss the chance to capitalize on the booming real estate market in Orillia. Whether you're looking to maintain it as a rental property or explore redevelopment options, 113 Colborne Street is an investment that promises both potential and profit!


Property Details

Style2-Storey
ViewBeach, Clear, Downtown, Lake, Water
Age of property100+
SqFt~2000-2500 SqFt
Lot Size3,279 SqFt(102.86 x 31.88)
Parking Spaces6
MLS ®NumberS12075786
Community NameOrillia
Data SourceTRREB
Listing byROYAL LEPAGE SIGNATURE REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Unfinished

Main Floor

Kitchen

2.74 x 4.26

Br

3.35 x 3.35

Living

3.35 x 3.96

Other

0.0 x 0.0


Features

Lot size: 3,279 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property listed by ROYAL LEPAGE SIGNATURE REALTY, Brokerage

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Market Data - Orillia

Geo Zone Map ThumbnailOrillia

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

48 days

Compared to

2024

30 days

2023

18 days

2022

13 days

New Listings

Past 30 days

12 listings

Compared to

2024

21 listings

2023

9 listings

2022

14 listings

Units sold

Past 30 days

8 units

Compared to

2024

6 units

2023

7 units

2022

9 units

Median Sold Price

Past 30 days

$670,000

Compared to

2024

$645,000

2023

$640,000

2022

$668,000


Population and Demographics

Overview

Total population 31981
Average household income $99,873

Age (%)

65 and plus
26%
50 to 64
21%
0 to 19
19%
20 to 34
19%
35 to 49
16%

Household composition (%)

Single family
58%
Single person
36%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
94%
Others
4%
French
1%

House tenancy (%)

Owners
61%
Renters
39%

Schools and amenities

Estimated Budget