49 Colborne Street E
Orillia, Orillia, L3V 1T5
$799,000
- 1 bathrooms
Listed 134 days ago · MLS® S13413492
About this home
Prime corner location in the heart of downtown Orillia at 49 Colborne St., situated at a highly visible intersection with excellent exposure. This extensively updated approximately 1,400 sq. ft. accessible commercial building offers exceptional versatility with additional usable basement storage space and on-site parking. Zoned Downtown C1, allowing for a wide variety of commercial uses including retail, restaurant, office, service, wellness, and recreational uses. Absolutely everything in the building has been updated and improved since 2021, offering a truly turnkey opportunity for owner-operators or investors seeking a modernized, accessible space in a highly visible downtown setting. Flexible layout options, strong street presence, and close proximity to the downtown core and waterfront make this an outstanding opportunity for a wide range of businesses.
Details
- Type
- Commercial Retail
- Lot
- 72 × 62.75 ft
- Garage
- None
- Property tax
- $7,780 (2025)
- Neighbourhood
- Orillia
- Municipality
- Orillia
Interior
- Bathrooms
- 1 × bathroom
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
- Utilities
- Yes
Building and exterior
- Building area
- 1,400 Square Feet
More
- Possession
- Longer closing preferred
- Cross street
- Colborne St. E & Peter St. S
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
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The neighbourhood
Getting around Walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: 1 grocery store, 22 cafés and restaurants, 7 parks, 3 pharmacies. Nearest grocery: Metro (500 m). Nearest park: St. James Commons (300 m).
Schools nearby
Elementary
- Lions Oval Public School
EQAO: Gr 6 reading 65%, math 47%12 min walk - Harriett Todd Public School
EQAO: Gr 6 reading 81%, math 50%1.7 km - École élémentaire catholique Samuel-de-Champlain French
EQAO: Gr 6 reading 77%, math 41%1.7 km - Regent Park Public School
EQAO: Gr 6 reading 77%, math 44%1.8 km
Secondary
- Orillia Secondary School
EQAO: Gr 9 math 42%, literacy test 83%1.6 km - Twin Lakes Secondary School
EQAO: Gr 9 math 35%, literacy test 85%2.1 km - Patrick Fogarty Secondary School Catholic
EQAO: Gr 9 math 40%, literacy test 83%2.3 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area L3V
- Owners / renters
- 70% / 30%
- Median household income
- $77,500
- Average age
- 46
- Children under 15
- 14%
- Homes
- 67% detached, 5% high-rise
- Commute by transit
- 2%
- Population
- 48,651
Languages spoken most at home besides English: Tagalog (Pilipino, Filipino) 0.2%, Mandarin 0.2%, Yue (Cantonese) 0.2%, Gujarati 0.2%.
Flood and conservation No mapped hazard
Not inside a mapped flood plain or regulated area.
Screening maps only. Ask the conservation authority for a property inquiry before relying on this.
Safety
Crime Severity Index for Orillia (OPP): 102 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.
Living here
Commute
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by RE/MAX HALLMARK CHAY REALTY.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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