$799,000
For sale: Other

Prime corner location in the heart of downtown Orillia at 49 Colborne St., situated at a highly visible intersection with excellent exposure. This extensively updated approximately 1,400 sq. ft. accessible commercial building offers exceptional versatility with additional usable basement storage space and on-site parking. Zoned Downtown C1, allowing for a wide variety of commercial uses including retail, restaurant, office, service, wellness, and recreational uses. Absolutely everything in the building has been updated and improved since 2021, offering a truly turnkey opportunity for owner-operators or investors seeking a modernized, accessible space in a highly visible downtown setting. Flexible layout options, strong street presence, and close proximity to the downtown core and waterfront make this an outstanding opportunity for a wide range of businesses.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.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.
Based on 156 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Orillia has 14 Fraser Institute–rated schools (11 elementary and 3 secondary), averaging 5.1/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$895,000
Other138 MISSISSAGA STREET E, Orillia, Orillia

$845,999
Detached69 OLIVE CRESCENT, Orillia, Orillia

$799,000
Detached100 ALSOPS BEACH ROAD, Rural Brock, Brock

$799,900
Detached148 HOYT AVENUE, Victoria Harbour, Tay

$799,900
Detached81-77 BASS BAY DRIVE, Victoria Harbour, Tay

$649,900
Detached25 GLENGROVE AVENUE, Prices Corners, Oro-Medonte

$899,000
Detached1199 LINE 15 N, Rural Oro-Medonte, Oro-Medonte

$774,900
Detached8 GAUDAUR COURT, Orillia, Orillia