Welcome to 113 Colborne Street, a prime triplex located in the heart of downtown Orillia! This property presents an exceptional investment opportunity with significant development potential. Located between 2 of the newest Orillia waterfront development projects, Sunshine Harbour and the Sterling townhome Fresh development. Nestled in a vibrant neighborhood, this triplex features three separate units, each with its own unique charm, offering immediate rental income or the perfect canvas for your renovation dreams.The spacious layout provides ample living space for tenants, while the location ensures easy access to local amenities, shops, and public transportation. With the downtown area experiencing exciting growth and revitalization, this property is poised for appreciation and offers an exciting prospect for both seasoned investors and first-time buyers.Dont miss the chance to capitalize on the booming real estate market in Orillia. Whether you're looking to maintain it as a rental property or explore redevelopment options, 113 Colborne Street is an investment that promises both potential and profit! (id:4069)
Address
113 COLBORNE STREET E
List Price
$899,000
Property Type
Multi-family
Type of Dwelling
Triplex
Area
Ontario
Sub-Area
Orillia
Bedrooms
4
Bathrooms
4
Floor Area
20,002,500 Sq. Ft.
Lot Size
31.9 x 102.9 FT Sq. Ft.
MLS® Number
S12075786
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Basement Area
N/A (Unfinished)
Postal Code
L3V1V2
Zoning
C1
Site Influences
Beach, Hospital, Marina, Park, View
Features
Flat site, Lighting, Dry
