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For saleMLS® S13440266

169 Colborne Street W, Orillia, ON L3V 2Z4

Orillia · L3V 2Z4

$599,000

$98 / sq ft

4 months on market

Interior
6,098 sf
Lot
46 × 152 ft

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About this property

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.

Property details

Property

Property type
vacant land
Interior size
6,098 sq ft
Lot size
46 × 152 ft
Zoning
HC2
Possession
ASAP

Exterior & services

Sewer
Sanitary Available

Costs

List price
$599,000
Property taxes
$3,500 / year (2025)
Price per sq ft
$98

Listing

MLS® number
S13440266
Status
For sale
Listed
June 12, 2026
Days on market
145
Last updated
June 24, 2026
Listing brokerage
SUTTON GROUP-ASSOCIATES REALTY INC.

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 71% of comparable vacant land listings in Orillia are asking less.

$179KMedian $295K$3.65M
This home
$98 / sq ft
Comparable median
$40 / sq ft

Based on 21 comparable active vacant land listings in Orillia. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.8% · minimum $34,900
$34,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,119.01
Property tax (est.)
$291.67
Estimated monthly
$3,411

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
$8,455
Total due on closing
$8,455

An estimate on the asking price of $599,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of SUTTON GROUP-ASSOCIATES REALTY INC.. 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.

$599,000

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