For Sale

31 Colborne Street, Orillia, Ontario L3V 1T4

$1,999,900

31 Colborne Street, Orillia, Ontario L3V 1T4 is For Sale and has a listing price of 1,999,900. The property is located in the Orillia neighbourhood . It's been on the website for 20 Days.

  • Investment
    Property Type
  • 4
    Bathrooms
  • MLS ID: S12150998
  • Office Name CENTURY 21 B.J. ROTH REALTY LTD.
Property Description

Iconic 14,000 SF Commercial Building in Downtown Orillia | Historic Charm & Development Potential. Own a Piece of Downtown Orillia Versatile 2-Storey Building with Parking. An exceptional opportunity to acquire a landmark 14,000 sq ft commercial building in the thriving heart of Downtown Orillia. Offering unmatched character, flexible space, and premium zoning, this property is ideal for investors, developers, or owner-users seeking long-term value in a high-growth market. Main Floor: Open-concept space with soaring 12-ft ceilings perfect for retail, gallery, showroom, restaurant, medical or a custom commercial build-out. Second Floor: Fully customizable for office, residential, or studio use. Potential to convert to income-generating apartments or live-work lofts. Zoning: C4I (Mixed Use Intensification): Allows for a wide range of commercial, institutional, and residential uses maximize your ROI with a mixed-use configuration. Historic Curb Appeal: Arched windows and classic architecture offer an inviting, character-rich exterior that sets your project apart. Parking & Outdoor Space: Rare for downtown private lot for approx. 20 vehicles and a rear yard enhance usability and tenant/resident appeal. Prime Downtown Location: Steps to shops, restaurants, waterfront, and transit. High visibility and strong walkability make this a strategic acquisition. Whether you’re looking to develop, reposition, or occupy, this property delivers the ideal canvas in a rapidly growing urban core. With both the structure and the zoning to support a range of innovative uses, this is a rare chance to make your mark in Orillia’s downtown revitalization. Opportunities like this don’t come often secure your stake in Orillia’s future today.

Property Details
  • MLS ID: S12150998
  • Bathrooms: 4
  • Price: $1,999,900
  • Lot Depth: 211.57
  • Transaction Types: For Sale
  • Ref ID: S12150998
  • Year Built: N/A
  • Dir / Cross St: Peter
  • Status: Active
  • Tax Year: 2025
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
06/04/2025 S12195141 $14 For Rent - -
05/15/2025 S12150998 $1,999,900 For Sale - -
12/11/2024 S11888932 $14 For Lease - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Orillia
  • $802,320 Average List Price
    based on 1 year
  • 37 New Listings
    based on 30 days
  • 143 Median Days on Market
    based on 1 year
  • List vs. Selling Price 120.93 % Up
  • Sold (12mo) 317
  • Rented (12mo) 93

  • 1 Month Change -13.2%
  • 3 Month Change -52.6%
  • 6 Month Change -43.7%
Walkscore
Property Type Distribution
  • All Houses
    77.12%
  • Commercial
    10.97%
  • Condo
    11.33%
  • Land for Sale
    0.58%
Additional Details
  • Heat Type Other
  • Washroom Type1: 4
  • Garage Type Y
  • Parking Spaces: 20
  • Taxes: $32,133
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 15/05/2025 16:13:52
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