117 Colborne Street, Orillia, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Orillia. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $260,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 31.88 x 93.9 ft lot size
Description
Exceptional opportunity to secure a vacant parcel in the heart of Orillia. Located at 117 Colborne Street E, this property offers an exciting opportunity for builders, investors or those looking to create something new in an established urban setting. Conceptual architectural drawing available saving buyers time and money. Conveniently positioned close to downtown Orillia, shopping, restaurants, parks, schools, public transit and the waterfront, the location provides easy access to the many amenities the city has to offer. Surrounded by established residential properties and within walking distance of Orillia's vibrant downtown core, this vacant lot presents an opportunity to explore its development potential. Whether you're considering a future multi-unit rental build or an investment for the years ahead, this property offers a chance to secure land in a desirable and convenient location. Buyers are encouraged to complete their own due diligence regarding zoning, permitted uses, building requirements, development charges and availability of municipal services which have been capped at the property line.
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Property Summary
This vacant land located at 117 Colborne Street, Orillia is currently for sale and has been available on zoozaa for 1 day. This property is listed at $260,000 with an estimated mortgage of $865* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 117 Colborne Street, Orillia is in the Orillia neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Orillia, Orillia.
- •Desirable Vacant Land architecture in Orillia, Orillia
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Level
Interior Features
None listed
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 117 Colborne Street, Orillia, ON
Q.What is the asking price for 117 Colborne Street, Orillia, ON ?
The current listing price for 117 Colborne Street, Orillia, ON in Orillia, Orillia is $260,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 0 bathrooms.
Q.What property type and architectural style is 117 Colborne Street, Orillia, ON ?
117 Colborne Street, Orillia, ON is a Vacant Land () featuring a basement.
Q.What key property features does 117 Colborne Street, Orillia, ON offer?
Key property features include: Level.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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Open in Google MapsNeighborhood Safety & Crime Analytics
Orillia, Orillia
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 117 Colborne Street E, Orillia, ON L3V 1V2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Orillia, ON
For a property listed at $260,000 in Orillia, the legal minimum down payment is $13,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,375 for this transaction. As this listing is in Orillia (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,375.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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