117 Colborne Street
Orillia, ON
- Vacant Land
- 16 days on market
Exceptional opportunity to secure a vacant parcel in the heart of Orillia. Located at 117 Colborne Street E, this property offers an exciting opportunity for builders, investors or those looking to create something new in an established urban setting. Conceptual architectural drawing available saving buyers time and money. Conveniently positioned close to downtown Orillia, shopping, restaurants, parks, schools, public transit and the waterfront, the location provides easy access to the many amenities the city has to offer. Surrounded by established residential properties and within walking distance of Orillia's vibrant downtown core, this vacant lot presents an opportunity to explore its development potential. Whether you're considering a future multi-unit rental build or an investment for the years ahead, this property offers a chance to secure land in a desirable and convenient location. Buyers are encouraged to complete their own due diligence regarding zoning, permitted uses, building requirements, development charges and availability of municipal services which have been capped at the property line.
Listing Details
- Taxes (2026)
- $383
- Listed
- September 1, 2026
Price History
Listing history
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Property
- Lot Size
- 31.88 x 93.9 Feet
Utilities
- Sewer
- Sewer
Location & Legal
- Cross Street
- Colborne St E and Scott St
- Parcel Number
- 586690123
- Possession
- Immediate
- Occupancy
- Vacant
Schools
Elementary
- Lions Oval Public School0.8 km
Public · Simcoe County DSB · 440 students
Grade 3 reading: 63% met the provincial standard · Grade 6 math: 47% met the provincial standard
- Harriett Todd Public School1 km
Public · Simcoe County DSB · 470 students
Grade 3 reading: 31% met the provincial standard · Grade 6 math: 50% met the provincial standard
- Monsignor Lee Separate School1.4 km
Catholic · Simcoe Muskoka CDSB · 395 students
Grade 3 reading: 53% met the provincial standard · Grade 6 math: 53% met the provincial standard
Secondary
- Orillia Secondary School1.2 km
Public · Simcoe County DSB · 1275 students
Grade 10 literacy: 83% met the provincial standard
- Twin Lakes Secondary School1.5 km
Public · Simcoe County DSB · 835 students
Grade 10 literacy: 85% met the provincial standard
- Patrick Fogarty Catholic Secondary School2.4 km
Catholic · Simcoe Muskoka CDSB · 720 students
Grade 10 literacy: 83% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
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
Residential Freehold in Orillia · last 12 months
- Median sold price
- $590,000
- Homes sold
- 545
- Median days on market
- 27
- Sale-to-list price
- 96.4%
Based on 545 recorded sales of residential freehold properties in Orillia over the last 12 months.
Listed by
RE/MAX CROSSTOWN REALTY INC.
Walk Score
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Location
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Mortgage Calculator
$52,000
Estimated Monthly Payment
$1,277
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,277/mo (20% down, 5.5%)
Taxes: $32/mo · Insurance: $65/mo
Estimates only. Consult a financial advisor.
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