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Maria Tompson
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Your Company Name, Brokerage
Independently owned and operated.
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$599,999
Available - For Sale
Listing ID: S13010518
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.
Price $599,999
Taxes: $3,140
Occupancy by: Tenant
Address: 143 Colborne Street West , Orillia, L3V 5B8, Simcoe
Directions/Cross Streets: Memorial Ave & Colborne St W
Rooms: 13
Bedrooms: 4
Bedrooms +: 0
Washrooms: 3
Family Room: T
Basement: Apartment
Finished wit
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 10.66 17.15
Room 2: Main Kitchen 12.33 17.15
Room 3: Second Primary B 15.42 9.15
Room 4: Second Bedroom 2 10.17 8.33
Room 5: Second Bathroom 12.23 7.58
Room 6: Main Living Ro 8.99 15.58
Room 7: Main Kitchen 6.99 10.46
Room 8: Main Primary B 9.91 11.32
Room 9: Main Bathroom 4.76 7.08
Room 10: Lower Living Ro 9.41 13.71
Room 11: Lower Bedroom 10.07 6.07
Room 12: Lower Kitchen 6.99 10.46
No. of Pieces Level
Washroom 1:  3 Second
Washroom 2:  3 Ground
Washroom 3:  3 Lower
Washroom 4:  0
Washroom 5:  0
Property Type: Triplex
Style: 2-Storey
Exterior: Board & Batten
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 4
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 1100-1500
Property Features: Hospital
Level
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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HOMELIFE/MIRACLE REALTY LTD

143 Colborne Street West , Orillia, L3V 5B8, Simcoe

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Maria Tompson
Sales Representative
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416-548-7854
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At a Glance:
Type: Freehold - Triplex
Area: Simcoe
Municipality: Orillia
Neighbourhood: Orillia
Style: 2-Storey
Lot Size: x 90.00(Feet)
Approximate Age: 51-99
Tax: $3,140
Maintenance Fee: $0
Beds: 4
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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