117 Colborne St E is a land in Orillia, listed for $260,000.
1Exceptional opportunity to secure a vacant parcel in the heart of Orillia.
2Conceptual architectural drawing available saving buyers time and money.
3Conveniently 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.
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Lots & Land in Orillia
About 117 Colborne Street East
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.
Orillia land priced at $260,000 — book a tour to see if it fits your search.
Inside 117 Colborne St E
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
2992.36
Listing & possession
Property class
Vacant Land
117 Colborne St E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® S13737780$260,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 117 Colborne St E Compares to the Orillia Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,277
/mo
based on the purchase price of $260,000
$52,000 cash
$208,000 financed
$175,191 total interest
Principal54%$208,000
Interest46%$175,191
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio96.1%On average, homes sold below asking.
Active listings251Homes for sale here right now.
Median vs prior 90 days−2.6%Compared with May 14 – Aug 12, 2026: prices down.
Based on 218 sales from Aug 12 – Nov 10, 2026 (163 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 117 Colborne St E
How much is 117 Colborne St E listed for?
117 Colborne St E is listed at $260,000 (MLS® S13737780). Summitly updates the price as soon as the MLS® record changes.
Has the price of 117 Colborne St E changed?
No — 117 Colborne St E is still listed at its original asking price of $260,000.
How many bedrooms and bathrooms does 117 Colborne St E have?
The listing for 117 Colborne St E doesn't publish its bedroom and bathroom count. It is a lot in Orillia.
How much would the monthly mortgage be on 117 Colborne St E?
About $1,277 a month — principal and interest on $260,000 with 20% down ($52,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 117 Colborne St E compare with other homes in Orillia?
Its asking price of $260,000 is about 54% below the median sold price in Orillia over the last 90 days, $569,500, across 218 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 117 Colborne St E been sold before?
Summitly has no earlier MLS® sale or lease of 117 Colborne St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 117 Colborne St E?
117 Colborne St E is in Orillia, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 117 Colborne St E been on the market?
70 days — 117 Colborne St E was listed on September 1, 2026.
What is the lot size of 117 Colborne St E?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 117 Colborne St E?
About $2,375 in Ontario land transfer tax at the asking price of $260,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 117 Colborne St E or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 117 Colborne St E?
The listing for 117 Colborne St E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Orillia.
