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For saleMLS® S13413492

49 Colborne Street E, Orillia, ON L3V 1T5

Orillia · L3V 1T5

$799,000

$571 / sq ft

5 months on market

Bathrooms
1
Total area
1,400 sf
Lot
72 × 62.75 ft

What's special

  • Yes

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About this property

Prime corner location in the heart of downtown Orillia at 49 Colborne St., situated at a highly visible intersection with excellent exposure. This extensively updated approximately 1,400 sq. ft. accessible commercial building offers exceptional versatility with additional usable basement storage space and on-site parking. Zoned Downtown C1, allowing for a wide variety of commercial uses including retail, restaurant, office, service, wellness, and recreational uses. Absolutely everything in the building has been updated and improved since 2021, offering a truly turnkey opportunity for owner-operators or investors seeking a modernized, accessible space in a highly visible downtown setting. Flexible layout options, strong street presence, and close proximity to the downtown core and waterfront make this an outstanding opportunity for a wide range of businesses.

Property details

Property

Property type
retail
Bathrooms
1
Interior size
1,400 sq ft
Lot size
72 × 62.75 ft
Zoning
C41
Possession
Longer closing preferred

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Costs

List price
$799,000
Property taxes
$7,780 / year (2025)
Price per sq ft
$571
Rental items
Alarm System

Listing

MLS® number
S13413492
Status
For sale
Listed
June 8, 2026
Days on market
150
Last updated
June 8, 2026
Listing brokerage
RE/MAX HALLMARK CHAY REALTY

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 40% of comparable retail listings in Orillia are asking less.

$499KMedian $907K$1.73M
This home
$571 / sq ft
Comparable median
$269 / sq ft

Based on 10 comparable active retail listings in Orillia. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.9% · minimum $54,900
$54,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$4,114.26
Property tax (est.)
$648.33
Estimated monthly
$4,763

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$12,455
Total due on closing
$12,455

An estimate on the asking price of $799,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX HALLMARK CHAY REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$799,000

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