CAONOrillia143 Colborne St W
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143 Colborne St W, Orillia, ON

House

For Sale

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434

MLS® S13010518

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Triplex
Levels Residential
Size -
Garage None
Taxes $3,140
Days Active 0
Lot Size 
Approx. Age 
MLS® Number S13010518

Property Address: 143 Colborne St W, Orillia, ON, L3V5B8

Average square foot calculated using Size range provided by listing agent.

Description

Positioned directly beside Orillia Soldiers' Memorial Hospital, this fully legal triplex offers a rare combination of strong cash flow, flexible zoning, and long term upside. With projected rental income exceeding $5, 000 per month, this property stands out as a strategic investment opportunity.The building features three self contained units, including a newly finished basement apartment and a renovated two bedroom suite with updated windows and doors. In total, the property offers one two bedroom unit and two one bedroom units, appealing to a wide range of tenants in a high demand rental area driven by healthcare and local amenities.Set on a generously sized lot, there is ample space to explore the addition of a garage or accessory structure, adding further value. Parking for four or more vehicles enhances tenant convenience.Zoned HC2, one of the most versatile designations in Orillia, this property opens the door to a variety of permitted uses beyond residential, giving investors flexibility for future repositioning or mixed use potential.Located just minutes from downtown Orillia, tenants will enjoy easy access to the waterfront, parks, shops, and everyday essentials, along with quick connections to Highways 11 and 12 for commuters.This is a rare opportunity to secure a high performing, legally designated triplex in a location that supports both strong rental demand and future growth.Show Description
MLS® NumberS13010518
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementApartment, Finished with Walk-Out
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Show Details
Living Room:Main Floor17.16 × 10.66 ft

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
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Apr 23, 2022End Date
-Sold Price

Expired

Apr 14, 2022List Date
$600,000List Price

Home Appraisal

This property is estimated to sell between: $543,000 and $629,000.
Similar properties in this area sold on average for: $543,866
Expected to sell in 50 days. Similar properties sold in 50 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address
Destination Address
143 Colborne St W, Orillia, ON

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