328 Colborne Street, Orillia, ON

$575,500
MLS#:S9301360
4 beds
2 baths
1500-2000 sqft
Residential Freehold
328 Colborne Street W, Orillia, ON L3V 3A3
⚠️

Property no longer active

This property was sold on September 17, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Orillia. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $575,500 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 41 x 115 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned
  • Efficient forced air heating via gas

Description

Step into this charming 1.5-storey detached home in one of Orillia's most sought-after, family-friendly neighbourhoods. With 4 bedrooms, 2 bathrooms, and a single-car attached garage, this residence is a blank canvas, ready for you to create your dream home. With a cozy fireplace in the living room, a sizeable kitchen combined with a dining area, two bedrooms on the main floor and two more tucked away upstairs, this home provides the flexibility needed for growing families or those seeking a dedicated office or guest space. Beyond the house itself, the location is ideal. You're just a short stroll from Orillia Soldiers Memorial Hospital, Harriett Todd Public School, and Homewood Park. A 2-minute drive takes you to downtown Orillia and Zehrs, with easy access to Highway 11 and public transit for effortless commuting. Whether you're drawn to its historic charm, the potential to personalize every corner, or the convenience of its prime location, this home is the perfect setting for your next chapter.

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Property Summary

This detached home located at 328 Colborne Street, Orillia is currently for sale and has been available on SousaSells for 700 days. This property is listed at $575,500 with an estimated mortgage of $1,916* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 328 Colborne Street, Orillia is in the Orillia neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Orillia, Orillia.

Highly Recommended for Families
What We Love About This Home
  • 4 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Orillia, Orillia.

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 17, 2024
Sold price information is available to members only
Listed Date9/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionBrick
BasementFull, Unfinished
Lot Size41 × 115 Feet
CountySimcoe
Annual Tax$3,651.87
Legal DescriptionLT 117 N/S COLBORNE ST PL 594 ORILLIA; ORILLIA

Parking & Garage

Parking Total0.0
Parking Space1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

  • Public Transit
  • School
  • Hospital

Interior Features

  • Water Heater Owned

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 328 Colborne Street, Orillia, ON

Q.What is the asking price for 328 Colborne Street, Orillia, ON ?

The current listing price for 328 Colborne Street, Orillia, ON in Orillia, Orillia is $575,500.

Q.How many bedrooms and bathrooms does this property have?

This property features 4 bedrooms and 2 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 328 Colborne Street, Orillia, ON ?

328 Colborne Street, Orillia, ON is a Detached (1 1/2 Storey) featuring a Full, Unfinished basement.

Q.What key property features does 328 Colborne Street, Orillia, ON offer?

Key property features include: Public Transit, School, Hospital.

Q.What interior features are included in this home?

Interior highlights include: Water Heater Owned.

Q.Is parking available at this property?

Yes, this property offers parking space for 0.0 vehicle (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via None.

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328 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 328 Colborne Street W, Orillia, ON L3V 3A3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Orillia.

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Interest Rate4.00%
Down Payment$172,650 (30.0%)
* Minimum Canadian down payment required for this price is $32,550.
Amortization Period30 Years
Estimated Monthly Payment$1,916Based on a loan of $402,850 over 30 years.
Purchase Price$575,500
Loan Amount$402,850
Provincial Land Transfer Tax:$7,985
Total Estimated Closing Taxes:$7,985

About Purchasing a Home in Orillia, ON

For a property listed at $575,500 in Orillia, the legal minimum down payment is $32,550 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 $7,985 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 $7,985.

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Orillia, Orillia Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Orillia, Orillia.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$876,130

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Orillia, Orillia

Elementary Schools

Lions Oval
Public25 Brant Street West, Orillia, Ontario, L3V 3N6
4.2
Harriett Todd
Public11 George Street, Orillia, Ontario, L3V 2V1
5.8
Orchard Park
Public24 Calverley Street, Orillia, Ontario, L3V 3T4
4.5
Monsignor Lee
Public14 Fittons Road East, Orillia, Ontario, L3V 2H9
5.6
Regent Park
Public485 Regent Street, Orillia, Ontario, L3V 4E2
3.9

Secondary Schools

Orillia
Public250 Collegiate Drive, Orillia, Ontario, L3V 7S5
5.5
Twin Lakes
Public381 Birch Street, Orillia, Ontario, L3V 2P5
4.9
Patrick Fogarty
Public15 Commerce Road, Orillia, Ontario, L3V 0Z2
4.2

Orillia, Orillia Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.

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.