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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!
Carbon Monoxide Detector, Hot Water Tank Owned, Smoke Detector. 3 Stoves, 3 Fridges, 2 Apt Size Washers, Security System.
City: Orillia
Neighborhood: Orillia
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Feb 23, 2023 | 148 | $699,900 | N/A | Expired | S5927863 |
Purchase Price | $899000 |
Down Payment | $179800 |
Mortgage Insurance | $0 |
Total Mortgage | $719200 |
Mortgage Payment | $4432 |
Property Taxes | $283 |
Maintenance Fees | $0 |
Monthly Payment | $4715 |
Located at 113 Colborne St E , this Orillia house is available for sale. This property was listed for $899,000 on Tue Apr 15 2025. This house's size is 2000-2500 Sqft. It has 4 bedrooms and 4 bathrooms. The property includes the following rooms: Living, Kitchen, Br, Living, Kitchen, Br, 2nd Br, Other. This property comes with 6 parking spots. 113 Colborne St E, Orillia is situated in the Orillia neighbourhood.
MLS#: S12075786 · $899,000 · 4 bedroom house in Orillia, Orillia