117 COLBORNE STREET E, Orillia

$260,000

For sale: Vacant Land

Vacant Land at 117 COLBORNE STREET E, Orillia
Property type
Vacant Land
MLS®
MLS® S13737780
Neighbourhood
Orillia

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.

Sold data

Homes in Orillia — recent sold market

Homes in Orillia took a median of 31 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 60, across 156 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.

The median sale price was $590,000.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 26% of sellers reduced their price before finding a buyer.

Median days to sell
31
Median sale price
$590,000
Sale-to-list ratio
97.0%
Sold above asking
7%

Based on 156 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Orillia

Orillia has 14 Fraser Institute–rated schools (11 elementary and 3 secondary), averaging 5.1/10.

Rated schools
14
Elementary
11
Secondary
3
Average rating
5.1 / 10

Top-rated schools in Orillia

  • Notre Dame — elementaryFraser rating 6.1/10
  • Marchmont — elementaryFraser rating 6.0/10
  • Harriett Todd — elementaryFraser rating 5.8/10
  • Monsignor Lee — elementaryFraser rating 5.6/10
  • St Bernard's — elementaryFraser rating 5.6/10
  • Ardtrea/Cumberland Beach — elementaryFraser rating 5.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 117 COLBORNE STREET E