
This property was sold on October 22, 2024. This listing is for reference purposes only. to view the sold price.
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.
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!
Contact us to schedule a private viewing of this property.
This detached home located at 44 Colborne Street, Orillia is currently for sale and has been available on SousaSells for 714 days. This property is listed at $639,000 with an estimated mortgage of $2,127* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 44 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.
Families, couples, or downsizers looking for a well-proportioned home in Orillia.
None listed
None listed
None listed
The current listing price for 44 Colborne Street, Orillia, ON in Orillia, Orillia is $639,000.
This property features 3 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
44 Colborne Street, Orillia, ON is a Detached (2-Storey) featuring a Unfinished basement.
Interior highlights include: None, In-Law Capability.
Yes, this property offers parking space for 6.0 vehicles (Detached).
Heating is provided via Gas and cooling via Central Air.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 44 Colborne Street W, Orillia, ON L3V 2Y4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Orillia.
About Purchasing a Home in Orillia, ON
For a property listed at $639,000 in Orillia, the legal minimum down payment is $38,900 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 $9,255 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 $9,255.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Orillia, Orillia.
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.