Was listed for:Terminated May 24, 2025
$899,000

113 Colborne Street E

Orillia, ON L3V 1V2

Multiplex TerminatedNot available

Property not available for sale or for rent.

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Sale & Price History for 113 Colborne Street E, Orillia

2025-04-10
2025-05-24
Terminated
Price
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MLS#
s12075786

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 113 Colborne Street E, Orillia

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!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,400
Land Transfer Tax Fee
$14,455

Rental Items

Under Contract
Alarm System, Security System

Basement Type
Unfinished

Interior Features

Interior Extras
In-Law Capability, Storage, Water Heater
View
Beach, Clear, Downtown, Lake, Water
Security Features
Alarm System
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Lighting, Porch, Year Round Living
Pool
None
Property Features
Beach, Hospital, Lake Access, Library, Marina, Park
Accessibility Features
Parking

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
100+

Construction

Exterior Finish
Brick
Roof
Metal
Foundation Details
Stone
Special Designation
Unknown

Lot

Lot Front
31.88 ft
Lot Depth
102.86 ft

Inclusions

Inclusions
Carbon Monoxide Detector, Hot Water Tank Owned, Smoke Detector. 3 Stoves, 3 Fridges, 2 Apt Size Washers, Security System.

Parking & Garages

Garage Type
None
Garage Spaces
6
Parking Spaces
6
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
4
Washrooms
4
Kitchens
3
Family / bonus room
Yes

Room sizes

  • Living Room—
    Main level
  • Kitchen—
    Main level
  • Bedroom—
    Main level
  • Living Room—
    Second level
  • Kitchen—
    Second level
  • Bedroom—
    Second level
  • Bedroom 2—
    Second level
  • Other—
    Main level

Washrooms

  • 4-piece, Ground
  • 4-piece, Ground
  • 4-piece, Second

Municipality
Orillia
Neighbourhood
Orillia
Main cross streets
Colborne + Scott St
Zoning
C1
Directions
Colborne + Scott St
Waterfront
Indirect

MLS® number
S12075786
Data source
Toronto Regional Real Estate Board
Status change
2025-05-24
Listed on
2025-04-10
Days on market
44 days
Possession type
30-59 days
Co-op commission
2.5%
Seller
Listed by
ROYAL LEPAGE SIGNATURE REALTY

Home Market Value

Current home valuation for 113 Colborne Street E, Orillia, Orillia, ON. Listed for $899,000

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Estimated Sales Range

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HOMEH Estimate for 113 Colborne Street E, Orillia

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

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Orillia, ON
Minimum Down Payment Required:7.2%

5% on first $500K + 10% on $399,000 over $500K

Minimum down payment

$64,900

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$33,335$25,082$21,396$0
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$866,708$834,182$785,546$719,200
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$4,232monthly$4,073monthly$3,835monthly$3,511monthly
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Land Transfer Tax

Provincial

$14,455

Total Land Transfer Tax

$14,455

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