143 COLBORNE STREET W, Orillia, ON L3V5B8
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143 COLBORNE STREET W, Orillia, ON L3V5B8
143 COLBORNE STREET W, Orillia, ON L3V5B8
143 COLBORNE STREET W, Orillia, ON L3V5B8
143 COLBORNE STREET W, Orillia, ON L3V5B8
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Alroy Brouwer

Alroy Brouwer

+1(705) 220-8758
$ 599,999
Est. payment /mo
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Active

143 COLBORNE STREET W Orillia, ON L3V5B8

4 Beds

3 Baths

1,100 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Square Footage 1,100 sqft

Price per Sqft $545

Subdivision Orillia

MLS® Listing ID S13010518

Bedrooms 4

Property Description

Positioned directly beside Orillia Soldiers' Memorial Hospital, this fully legal triplex offers a rare combination of strong cash flow, flexible zoning, and long term upside. With projected rental income exceeding $5,000 per month, this property stands out as a strategic investment opportunity.The building features three self contained units, including a newly finished basement apartment and a renovated two bedroom suite with updated windows and doors. In total, the property offers one two bedroom unit and two one bedroom units, appealing to a wide range of tenants in a high demand rental area driven by healthcare and local amenities.Set on a generously sized lot, there is ample space to explore the addition of a garage or accessory structure, adding further value. Parking for four or more vehicles enhances tenant convenience.Zoned HC2, one of the most versatile designations in Orillia, this property opens the door to a variety of permitted uses beyond residential, giving investors flexibility for future repositioning or mixed use potential.Located just minutes from downtown Orillia, tenants will enjoy easy access to the waterfront, parks, shops, and everyday essentials, along with quick connections to Highways 11 and 12 for commuters.This is a rare opportunity to secure a high performing, legally designated triplex in a location that supports both strong rental demand and future growth. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 4.7 m X 2.79 m Primary Bedroom

Extra Room 2 Second level 3.1 m X 2.54 m Bedroom 2

Extra Room 3 Second level 3.73 m X 2.31 m Bathroom

Extra Room 4 Lower level 2.87 m X 4.18 m Living room

Extra Room 5 Lower level 3.07 m X 1.85 m Bedroom

Extra Room 6 Lower level 2.13 m X 3.19 m Kitchen

Interior

Heating Forced air

Cooling None

Exterior

Parking Features No

Community Features Community Centre, School Bus

View Y/N No

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

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Alroy Brouwer

Alroy Brouwer

Broker | License ID: 4773123

+1(705) 220-8758

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143 COLBORNE STREET W