44 Colborne Street, Orillia, ON

$639,000
MLS#:S9269144
3 beds
2 baths
1100-1500 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Orillia. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $639,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 40 x 94 ft lot
  • Features a ["unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None, In-Law Capability
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Live in one unit and rent the other! Attention First-Time Homebuyers and Investors- you have to see this fully VACANT duplex in the vibrant heart of downtown Orillia. Two fully renovated units as well as a detached two car garage with zoning allowing for a third legal suite. This prime location offers the best of urban living, with easy walking access to all the amenities Orillia has to offer. You're just steps away from the hospital, arts and cultural centres, local shops, dining, and the scenic beauty of Lake Couchiching. This duplex has undergone numerous recent upgrades, ensuring peace of mind and modern comfort. Enjoy the benefits of a new roof shingled in 2021, new windows, new doors, a reinforced stone foundation, waterproofed and insulated basement, and updated attic insulation. These improvements not only enhance the property's aesthetic appeal but also its functionality and energy efficiency. With two fully legal rental units, this property presents a fantastic opportunity for both living and earning additional rental income. The layout is ideal for those looking to live in one unit while renting out the other, providing a steady income stream in a highly desirable location. The property's central location ensures easy access to public transit and a short commute to anywhere in town.Whether you're heading to work, running errands, or enjoying the local attractions, you'll appreciate the convenience this address offers. Experience the best of downtown living with this exceptional duplex on Colborne Street. Your new home or investment awaits!

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 22, 2024
Sold price information is available to members only
Listed Date8/22/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size40 × 94 Feet
CountySimcoe
Annual Tax$3,387
Legal DescriptionPT LT 1 W/S ST. ANDREW ST, 2 W/S ST. ANDREW ST BLK 3 PL 63 ORILLIA AS IN RO1276672; ORILLIA

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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44 Colborne Street, Orillia, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 44 Colborne Street W, Orillia, ON L3V 2Y4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$511,200
Monthly Mortgage$2,970
Property Tax (Est.)$282
Utilities & Maint.$350
Total Monthly Cost$3,602

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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