117 Colborne Street E, Orillia, ON L3V 1V2
- Property tax
- $383 / year
Exceptional opportunity to secure a vacant parcel in the heart of Orillia. Located at 117 Colborne Street E, this property offers an exciting opportunity for builders, investors or those looking to create something new in an established urban setting. Conceptual architectural drawing available saving buyers time and money. Conveniently positioned close to downtown Orillia, shopping, restaurants, parks, schools, public transit and the waterfront, the location provides easy access to the many amenities the city has to offer. Surrounded by established residential properties and within walking distance of Orillia's vibrant downtown core, this vacant lot presents an opportunity to explore its development potential. Whether you're considering a future multi-unit rental build or an investment for the years ahead, this property offers a chance to secure land in a desirable and convenient location. Buyers are encouraged to complete their own due diligence regarding zoning, permitted uses, building requirements, development charges and availability of municipal services which have been capped at the property line.
- MLS number
- S13737780
- Type
- Vacant Land
- Status
- Active
- Bedrooms
- 0
- Bathrooms
- 0
- Postal code
- L3V 1V2
- Photos
- 4
- Laundry
- Not in the unit
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Vacant Land
- Class
- Residential Freehold
- Fronting on
- South
- Community
- Orillia
- Municipality
- Orillia
- Cross street
- Colborne St E and Scott St
Inside
- Bedrooms
- 0
- Bathrooms
- 0
- Kitchens
- 0
Land
- Lot
- 31.88 × 93.9 feet
Heating, cooling and services
- Water
- Municipal
- Sewer
- Sewer
- Electricity
- Available
- Gas
- Available
- Cable
- Available
Features
- Property
- Level
Listing
- MLS number
- S13737780
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-09-01
- Expires
- 2027-01-01
- Possession
- 2026-09-30
- Taxes
- $383 (2026)
- Board
- Toronto Regional Real Estate Board
Listing history
This address has been listed 3 times.
Where this property is
Where this address sits, matched against open government data.
Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| Keystone Montessori School | Elementary | 483 m | Not reported |
| Lions Oval Public School Simcoe County DSB | Elementary | 954 m | / 10 58% met the standard |
| Monsignor Lee Separate School Simcoe Muskoka CDSB | Elementary | 1.1 km | / 10 65% met the standard |
| Orillia Christian School | Elementary | 1.8 km | Not reported |
| Regent Park Public School Simcoe County DSB | Elementary | 1.7 km | / 10 49% met the standard |
| St Bernard's Separate School Simcoe Muskoka CDSB | Elementary | 1.7 km | / 10 49% met the standard |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
What an H-Value is and how it is calculated — the method and our measured error, no account needed.
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 858 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35431202 — the few blocks around this address, home to 858 people. It describes the area, not this property.
Percentages are of the 445 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.