$899,000Asking Price
113 Colborne Street, Orillia, ON L3V 1V2
Orillia, 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!
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!
See MoreKey Info
- 2-Storey Triplex
- 4+ Parking
- No Garage
- Colborne + Scott St
- 2000-2500 Approximate Sq Feet
- 100+ Years Approximate Age
- No Ensuite Laundry
- Forced Air Gas Heating
- Central Air
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $3,400 in 2025
- Possession: 30 Days
Details
- Brick Exterior
- No Fireplace
- 3 Kitchens
- MLS #S12075786
- ROYAL LEPAGE SIGNATURE REALTY
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 8.99' x 13.98' | |
| 2 | Other | Main | ||
 | 1 4-Piece Bathroom on Ground Floor | |||
| 1 4-Piece Bathroom on Ground Floor | |||
| 2 4-Piece Bathrooms | |||
How Far is Too Far?
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Who lives here?
Orillia, Orillia is a north GTA neighbourhood.
Families
Kids Per Family
0.9
kids per family
in the neighbourhood.
Singles
50%
of residents are
single and loving it.
50% singles
Orillia (50%)Renters
39%
of residents
are renters.
39% renters
Orillia (39%)Education
20%
of residents are
university grads.
20% university grads
Orillia (20%)Income
Average Household Income
$85K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 20% |
| Trades | 8% |
| Business | 7% |
| Government | 7% |
| Health | 5% |
Immigrants
9%
of residents were
born outside of Canada.
9% immigrants
Orillia (9%)Birthplace - All
2.4% from UK
All-time
Birthplace - Recent
0.1% from China
Recent
Foreign Languages
Foreign Languages
| French | 1% |
| German | 1% |
| Italian | 1% |
| Tagalog | 1% |
Religions
Religions
| Christian | 66% |
| Muslim | 1% |
| Sikh | 1% |
