115 Colborne Street, Orillia, ON
Property no longer active
This property was sold on September 26, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Orillia. Expertly crafted featuring premium brick and shingle construction, this residence presents an exceptional opportunity offered at $449,900 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
- Generous living space spanning 1100-1500 sqft on a premium 32 x 90 ft lot
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Amazing Opportunity to Own a HC2 Commercial Property that also allows for residential use up to a triplex. The zoning bylaw gives the property a multitude of uses including the possibility to expand, renovate or rebuild. Of course this property would make a great home in the downtown core. Across the street from Soldier's Memorial Hospital it could also be used as a business or professional office, retail store, medical clinic or many other uses as per the Bylaw. Newer AC Unit, Metal Roof, room for a larger rear yard parking area, Main Floor European Wet Room/Washroom, Updated Kitchen. Side door leads to basement or main floor - the possibilities are endless.
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Property Summary
This detached home located at 115 Colborne Street, Orillia is currently for sale and has been available on SousaSells for 708 days. This property is listed at $449,900 with an estimated mortgage of $1,498* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 115 Colborne Street, Orillia is in the Orillia neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Orillia, Orillia.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Orillia.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Hospital
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 115 Colborne Street, Orillia, ON
Q.What is the asking price for 115 Colborne Street, Orillia, ON ?
The current listing price for 115 Colborne Street, Orillia, ON in Orillia, Orillia is $449,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 115 Colborne Street, Orillia, ON ?
115 Colborne Street, Orillia, ON is a Detached (2-Storey) featuring a Full, Partially Finished basement.
Q.What key property features does 115 Colborne Street, Orillia, ON offer?
Key property features include: Hospital.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 115 Colborne Street W, Orillia, ON L3V 2Y8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Orillia, ON
For a property listed at $449,900 in Orillia, the legal minimum down payment is $22,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,473 for this transaction. As this listing is in Orillia (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.