113 Colborne Street E Orillia, Ontario L3V 1V2

4 Bedroom 4 Bathroom 2,000 - 2,500 ft2
Central Air Conditioning Forced Air

$899,000

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:61594)

Property Details

MLS® Number S12075786
Property Type Multi-family
Community Name Orillia
Amenities Near By Beach, Hospital, Marina, Park
Features Flat Site, Lighting, Dry
Parking Space Total 6
Structure Porch
View Type Lake View, View Of Water

Building

Bathroom Total 4
Bedrooms Above Ground 4
Bedrooms Total 4
Age 100+ Years
Appliances Water Heater, Alarm System, Stove, Washer, Refrigerator
Basement Development Unfinished
Basement Type N/a (unfinished)
Cooling Type Central Air Conditioning
Exterior Finish Brick
Fire Protection Alarm System
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2,000 - 2,500 Ft2
Type Triplex
Utility Water Municipal Water

Parking

No Garage

Land

Access Type Public Road
Acreage No
Land Amenities Beach, Hospital, Marina, Park
Sewer Sanitary Sewer
Size Depth 102 Ft ,10 In
Size Frontage 31 Ft ,10 In
Size Irregular 31.9 X 102.9 Ft
Size Total Text 31.9 X 102.9 Ft
Zoning Description C1

Rooms

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

https://www.realtor.ca/real-estate/28151983/113-colborne-street-e-orillia-orillia

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