169 COLBORNE STREET W, Orillia
$599,000
For sale: Vacant Land
- Property type
- Land
- MLS®
- MLS® S13440266
- Neighbourhood
- Orillia
Prime investment opportunity in Orillia. This high traffic parking lot is ideally located directly across from the emergency entrances of Soldiers' Memorial Hospital and features 13 parking spaces with strong, consistent demand. The property is equipped with a modern remote controlled entry system, on site cameras, and an automated exit gate for easy operation and management. Recently severed from 50 Dunedin St., the property can also be purchased together with the adjoining parcel. The site offers exceptional redevelopment potential, including the possibility of removing the existing home for new build opportunities or potential lot severance. HC2 zoning permits a wide range of uses, including senior housing, residential, institutional, and healthcare developments. As Orillia's waterfront continues to evolve with new condominium projects, this property represents an outstanding investment opportunity. Combined L shaped lot dimensions: parking lot approximately 43.74 ft. x 140.62 ft. depth, house portion approximately 73.32 ft. x 68.86 ft. depth.
Sold data
Homes in Orillia — recent sold market
Homes in Orillia took a median of 36 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 63, across 154 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.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 $589,450.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 32% of sellers reduced their price before finding a buyer.
- Median days to sell
- 36
- Median sale price
- $589,450
- Sale-to-list ratio
- 96.9%
- Sold above asking
- 3%
Based on 154 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 169 COLBORNE STREET W
$795,000
Vacant Land327 OLD MUSKOKA ROAD, Orillia, Orillia
$795,000
Vacant Land327 OLD MUSKOKA ROAD, Orillia, Orillia
$625,000
Detached3+121,100–1,500 sqft390 ARTHUR STREET, Orillia, Orillia
$599,900
Detached321,500–2,000 sqft10 SINCLAIR CRESCENT, Atherley, Ramara
$609,000
Apartment2+12900–999 sqft605 - 80 ORCHARD POINT ROAD, Orillia, Orillia
$569,000
Detached3+12700–799 sqft2 - 231 OXFORD STREET, Orillia, Orillia
$649,900
Detached4+221,100–1,500 sqft424 HOMEWOOD AVENUE, Orillia, Orillia
$599,000
Detached4+131,100–1,500 sqft270 JAMES STREET E, Orillia, Orillia