$349,000
For sale: Detached

The property includes an approximately 1,100 sq. ft. house currently rented for $950 per month plus utilities and is in poor condition. The house has recently been severed from the adjoining 13 car parking lot and may be purchased separately or together with the parking lot located at 169 Colborne St. West. Removal of the house could create the potential for additional parking spaces. The HC2 zoning permits a variety of alternative uses, including residential, institutional, and healthcare uses. The property taxes to be updated once taxes have been assessed. 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
Detached homes in Orillia took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 57, across 105 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.
The median sale price was $599,900.
Homes sold for about 2.7% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
Based on 105 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.
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