49 COLBORNE STREET E, Orillia
$799,000
For sale: Other
- Property type
- Commercial Retail
- Bedrooms / bathrooms
- 1 bathroom
- MLS®
- MLS® S13413492
- Neighbourhood
- Orillia
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 — 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.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 49 COLBORNE STREET E
$895,000
Other1138 MISSISSAGA STREET E, Orillia, Orillia
$799,900
Other28626 HIGHWAY 12 W, Rural Oro-Medonte, Oro-Medonte
$899,000
Other10 PETER STREET N, Orillia, Orillia
$725,000
Detached311,500–2,000 sqft12 EASY STREET, Pefferlaw, Georgina
$799,900
Detached311,500–2,000 sqft81-77 BASS BAY DRIVE, Victoria Harbour, Tay
$599,000
Detached31700–1,100 sqft831 NORVAL ROAD, Historic Lakeshore Communities, Georgina
$699,000
Vacant Land02802 IRETON STREET, Alcona, Innisfil
$809,999
Detached221,100–1,500 sqft12 VINCENT STREET, Bristol-London, Newmarket