49 COLBORNE STREET E, Orillia

$799,000

For sale: Other

Other at 49 COLBORNE STREET E, Orillia
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 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.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 DameelementaryFraser rating 6.1/10
  • MarchmontelementaryFraser rating 6.0/10
  • Harriett ToddelementaryFraser rating 5.8/10
  • Monsignor LeeelementaryFraser rating 5.6/10
  • St Bernard'selementaryFraser rating 5.6/10
  • Ardtrea/Cumberland BeachelementaryFraser 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