TownhouseOn market 70 daysPrice drop · $60,000 off (-8.0%)

129 Colborne St E, Orillia

Name: 129 Colborne Street E
SKU: S13736878
Price: 689900 CAD
Availability: InStock

Orillia, ON · · MLS® S13736878Updated November 9, 2026

$689,900Est. $3,389/mo mortgage

Bedrooms: 3
Bathrooms: 2
Living space: 2000–2500sq ft
Parking spaces: 3

Type Townhouse
Lot 50 acres
Garage Yes
Basement None

What you should know

129 Colborne St E is a 3-bedroom, 2-bathroom townhouse in Orillia, listed for $689,900. It has 2000-2500 sq ft of living space.

This rare north/east-facing END UNIT combines Lake Couchiching views from both the front & side with something almost unheard of in today's townhome communities - Parking for 3!
Upstairs, the primary retreat offers an upgraded ensuite, walk-in closet & private balcony, plus 2 additional generous bedrooms.
Lake views, gorgeous sunsets & front-row seats for Canada Day fireworks - no searching for parking required!

Ask Zara:

3 Bed, 2 Bath Townhouse in Orillia

About 129 Colborne Street East

Welcome to waterfront living at Orillia Fresh! This rare north/east-facing END UNIT combines Lake Couchiching views from both the front & side with something almost unheard of in today's townhome communities - Parking for 3! Enjoy an oversized 1.5-car garage plus private double driveway with room for 2 additional vehicles. Offering just over 2,000 sq ft, this impressive 3-storey home is one of the development's largest models, with 3 bedrooms, 3 bathrooms, soaring ceilings, oversized windows & $25,000+ in upgrades. The bright open-concept main level features floor-to-ceiling windows, spacious living/dining areas & chef-inspired kitchen with quartz counters, stainless appliances, massive eat-at island & walk-out balcony overlooking the water, marina & downtown. Upstairs, the primary retreat offers an upgraded ensuite, walk-in closet & private balcony, plus 2 additional generous bedrooms. And then there's the showstopper - a spectacular 700 sq ft ROOFTOP TERRACE with BBQ gas line & custom-built CANADIAN WHITE CEDAR SAUNA with electric stone heater for dry or wet steam. Lake views, gorgeous sunsets & front-row seats for Canada Day fireworks - no searching for parking required! Ground-floor family room provides flexible space for an office, gym or guests. Additional features include luxury vinyl plank flooring, dedicated laundry, energy-efficient HVAC & electrical being upgraded to accommodate EV plug-ins. Enjoy maintenance-free living with snow removal, lawn care & guest parking, plus a residents-only clubhouse coming soon. Steps to waterfront trails, marina/boat launch, downtown shops & restaurants and minutes to Costco, hospital & highways. The owners have recently expanded their family & are relocating to be closer to loved ones out of town, creating a wonderful opportunity for someone new to call this waterfront community home. Spec sheet available upon request. Watch the video above, then book your showing & come experience life at the Port of Orillia!

3 bedrooms, 2 bathrooms, about 2,000 sq ft, works out to roughly $345 per square foot. Chat with Zara if you'd like a deeper read on whether this townhouse fits your budget and timing.

Inside 129 Colborne St E

Every detail from the listing, in one place.

Type: Townhouse
Style: 3-Storey
Living space: 2000-2500 sq ftas stated on the listing
Parking: 3 spacesYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 3

Interior

Basement: None

Lot & land

Lot size (sqft): 0.032

Listing & possession

Property style: 3-Storey
Property class: Att/Row/Townhouse

129 Colborne St E Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® S13736878−$60,000 (8.0%)$689,900
Sep 1, 2026For saleListedThis listingMLS® S13736878$749,900
SoldPreviously listedMLS® S11824086View listing (opens in a new tab)

See what it sold for, free. Board rules need a free account before we can show sold and past prices.

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 129 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

Excellent Deal· based on 377 recent sales

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Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Orillia market, last 90 days

Median sold price: $569,500
Average sold price: $618,014
Average days on market: 44
Homes sold: 218

Closed sales on the TRREB MLS®.

Full Orillia market report

Recently sold nearby in Orillia

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home129 Colborne Street E 3 bd · 2 ba · 2,000 sqft	$689,900asking	$345	—	—
800 West Ridge Boulevard 3 bd · 1 ba · 1,100 sqft
111 Lucy Lane 2 bd · 2 ba · 1,100 sqft
28 rose Avenue 3 bd · 2 ba · 1,500 sqft
34 Ruby Crescent 2 bd · 3 ba · 1,500 sqft
11 Danny Drive 2 bd · 2 ba · 1,100 sqft
800 West Ridge Boulevard 3 bd · 2 ba · 1,100 sqft

800 West Ridge Boulevard
3 bd · 1 ba · 1,100 sqft
111 Lucy Lane
2 bd · 2 ba · 1,100 sqft
28 rose Avenue
3 bd · 2 ba · 1,500 sqft
34 Ruby Crescent
2 bd · 3 ba · 1,500 sqft
11 Danny Drive
2 bd · 2 ba · 1,100 sqft
800 West Ridge Boulevard
3 bd · 2 ba · 1,100 sqft

Living in Orillia: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Costs, Mortgage & Rental Return for 129 Colborne St E

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $3,389; 20% down · 25 years · 5.5% assumed
Property tax: $379; 0.66% mill rate · ON
Total per month: $3,768; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$3,389

/mo

based on the purchase price of $689,900

Down payment20%

$137,980 cash

Amortization25 yr

$551,920 financed

Rate5.50%

$464,862 total interest

Principal54%$551,920

Interest46%$464,862

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.

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Listing brokerage: ONE PERCENT REALTY LTD., BrokerageMLS® S13736878 · Listing data last updated November 9, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

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.

For sale· listed Aug 31· $345/sq ft

Estimated monthly mortgage$3,389/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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