$599,000
 $3,216 est/mo Sourced by Back At You

169 Colborne Street W,Orillia, ON L3V 2Z4

Orillia, ON L3V 2Z4

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Description

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.

Details

MLS #S13440266
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site73
Listing Provided BySUTTON GROUP-ASSOCIATES REALTY INC. | S13440266 078300

Features

SQ Feet6,098
Acreage0.14

Utilities

UtilitiesAvailable
SewerSanitary Available

Taxes

Tax Annual Amount3500
Tax TypeAnnual
Tax Legal DescriptionLT 2 BLK E PL 228 Orillia & PT LT 18 BLK E PL 228 Orillia as in RO568274; Orillia
Tax Year2025

Area Information

ProvinceON
RegionSimcoe
CityOrillia
Postal CodeL3V 2Z4
AreaOrillia
Listing VS Median (in L3V 2Z4)
Price:
$599,000
low | high
Med:
$299,950
99.924958263773% of Average
sqft:
6,098
low | high
Med:
3,104
99.098064939324% of Average
$ / sqft:
$98
low | high
Med:
$53
95.839959022613% of Average
On site:
73
low | high
Med:
78.5
92.993630573248% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
RegionSimcoe
CityOrillia
Postal CodeL3V 2Z4
AreaOrillia
Listing VS Median (in L3V 2Z4)
Price:
$599,000
low | high
Med:
$299,950
99.924958263773% of Average
sqft:
6,098
low | high
Med:
3,104
99.098064939324% of Average
$ / sqft:
$98
low | high
Med:
$53
95.839959022613% of Average
On site:
73
low | high
Med:
78.5
92.993630573248% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $449K - $748K
sqft: 4,500 - 7,500
Listing Updated: June 24, 2026 at 4:27:19 PM PDT