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$899,000
Status: For Sale
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 Type | :Residential Freehold |
|---|---|
| MLS Number | :S12075786 |
| Listing Type | :Sale |
| Property Age | :100+ Years |
| Possession Date | : |
| Last Updated | :15 Apr, 2025 (27 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Simcoe |
|---|---|
| Postal Code | :
L3V 1V2
|
| Price | : $899,000 |
|---|---|
| Property Taxes | :$3400.0 |
| Tax Year | :2025 |
|---|
| Bedrooms | :4 + |
|---|---|
| No. of Rooms | :8 |
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Cross Street | :Colborne + Scott St |
| Bathrooms | :4 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :2000-2500 sqft |
| Fireplace/Stove | :Yes |
| Virtual Tour | :Virtual Tour (External Link) |
| Living Room | :3.35 m x 3.96 m |
|---|---|
| Bedroom | :3.35 m x 3.35 m |
| Kitchen | :2.74 m x 2.74 m |
| Bedroom 2 | :3.04 m x 3.04 m |
| Kitchen | :2.74 m x 4.26 m |
|---|---|
| Living Room | :2.59 m x 4.91 m |
| Bedroom | :2.74 m x 2.74 m |
| Other | :0.0 m x 0.0 m |
| Exterior Finish | :Brick |
|---|---|
| Parking Space | :6 |
| Basement | :Unfinished |
| Park | :Park |
|---|---|
| Library | :Library |
10 Apr, 2025
TREB #S12075786
Listed
$899,000
