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113 COLBORNE STREET E, Orillia, Ontario

$899,000

4 Beds
4 Baths

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! (id:50212)

Listing ID: S12075786
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Living room	Second level	2.59 m x 4.91 m
Kitchen	Second level	2.74 m x 2.74 m
Bedroom	Second level	2.74 m x 2.74 m
Bedroom 2	Second level	3.04 m x 3.04 m
Living room	Main level	3.35 m x 3.96 m
Kitchen	Main level	2.74 m x 4.26 m
Bedroom	Main level	3.35 m x 3.35 m
Other	Main level	Measurements not available

Details

Amenities Nearby: Beach, Hospital, Marina, Park
Features: Flat site, Lighting, Dry
Parking Spaces: 6
Structure: Porch
Transaction: For sale
View: Lake view, View of water
Water Body Name: Lake Couchiching
Zoning Description: C1

Building

Appliances: Water Heater, Alarm System, Stove, Washer, Refrigerator
BasementType: N/A (Unfinished)
Basement Development: Unfinished
Bedrooms Main Level: 4
Cooling: Central air conditioning
Exterior Finish: Brick
Fireplace Present: False
Fire Protection: Alarm system
Foundation: Stone
Bathrooms (Total): 4
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 2000 - 2500 sqft
Stories Total: 2
Type: Triplex
Utility Water: Municipal water

Land

Access Type: Public Road
Amenities: Beach, Hospital, Marina, Park
Sewer: Sanitary sewer
Size Frontage: 31 ft ,10 in
Size Irregular: 31.9 x 102.9 FT

Listing provided by ROYAL LEPAGE SIGNATURE REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 113 COLBORNE STREET E in Orillia Ontario. It was last modified on April 10th, 2025. Contact Tyson Martins Pedersen to schedule a viewing or to discover other Orillia real estate for sale.

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