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169 Colborne Street

169 Colborne Street

Orillia, ON

  • 0.14 sqft
  • Land
  • 90 days on market
$599,000

Prime investment opportunity in Orillia. This high traffic parking lot is ideally located directly across from the emergency entrances of Soldiers' Memorial Hospital and features 13 parking spaces with strong, consistent demand. The property is equipped with a modern remote controlled entry system, on site cameras, and an automated exit gate for easy operation and management. Recently severed from 50 Dunedin St., the property can also be purchased together with the adjoining parcel. The site offers exceptional redevelopment potential, including the possibility of removing the existing home for new build opportunities or potential lot severance. HC2 zoning permits a wide range of uses, including senior housing, residential, institutional, and healthcare developments. As Orillia's waterfront continues to evolve with new condominium projects, this property represents an outstanding investment opportunity. Combined L shaped lot dimensions: parking lot approximately 43.74 ft. x 140.62 ft. depth, house portion approximately 73.32 ft. x 68.86 ft. depth.

Listing Details

Taxes (2025)
$3,500
Listed
June 12, 2026

Price History

Property

Lot Size
46 x 152 Feet

Utilities

Sewer
Sanitary Available

Location & Legal

Cross Street
Dunedin St & Colborne St West
Zoning
HC2
Parcel Number
1
Possession
Immediate
Occupancy
Vacant

Commercial

Business Type
Parking Lot

Included

Inclusions
Park payment station, driveway gates, surveillance camera & equipment.

Community

Postal area L3V

Population
48,651
Private dwellings
22,293
Median age
47.6
Average household size
2.3
Median household income
$77,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Orillia · last 12 months

Median sold price
$590,000
Homes sold
538
Median days on market
27
Sale-to-list price
96.4%

Based on 538 recorded sales of commercial properties in Orillia over the last 12 months.

Listed by

SUTTON GROUP-ASSOCIATES REALTY INC.

Walk Score

83

Walk

60

Bike

Scores by Walk Score®

Commercial figures

Annual property tax
$3,500

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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