$599,999
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143 Colborne Street W, Orillia, ON L3V5B8

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4 Beds
3 Baths
- Sq Ft

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:58753)

Listing By: MORRES CHELEBI - HOMELIFE/MIRACLE REALTY LTD cncrea2 Realty.com
  • MLS® S13010518
  • Date Listed04/17/2026
  • Days on Realty 49 Days
  • Bedrooms 4
  • Bathrooms 3 baths
  • Lot Size -
  • Sewer Other
  • Property Type Triplex
  • Water Public

Interior Features

  • Appliances Washer, Refrigerator, Stove, Dryer, Window Coverings, Water Heater - Tankless
  • Cooling None
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Level lot

Directions

Memorial Ave & Colborne St W

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for L3V5B8

Discover key demographics, population statistics, and environmental insights for the Orillia, ON area.

Walkability in ON / L3V5B8

Source: Walk Score

60/100

Somewhat Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

56/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 21/100, Transit Score: 0/100, Bike Score: 37/100.

Points of Interest near 143 COLBORNE STREET W, Orillia, ON L3V5B8

Frequently Asked Questions for 143 COLBORNE STREET W

Source: Realty.com

143 COLBORNE STREET W, Orillia, ON L3V5B8 in Orillia, ON L3V5B8 is a triplex listed at $599,999. Highlights include 4 bedrooms, 3 bathrooms. Realty.ca has 22 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 22 photos of 143 COLBORNE STREET W.

The full address for this home is 143 COLBORNE STREET W, Orillia, ON L3V5B8.

143 COLBORNE STREET W has been listed on Realty.com since Fri April 17, 2026

Some errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 21/100, Transit Score: 0/100, Bike Score: 37/100.

Listing provided courtesy of: HOMELIFE/MIRACLE REALTY LTD
Listing agent: MORRES CHELEBI

This content last refreshed on 2026-06-05 17:06:48. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.