$1,700,000

For saleJust listed

81 Mississaga Street East, Orillia - Retail for Sale

81 Mississaga Street East, Orillia, Ontario, L3V1V6

5,590 ft²Listed 3 days ago

Overview

This retail property in Orillia is for sale offering roughly 5,590 sq ft of space. It has been on the market 3 days, fresher than the Orillia average of 67 days.

2 Front Street South, Orillia, Ontario, L3V4R9

18 pk5,288 ft²

Listed by RE/MAX RIGHT MOVE

101 Mississaga Street East, Orillia, Ontario, L3V1V6

For sale

41 days ago

$925K

101 Mississaga Street East, Orillia, Ontario, L3V1V6

4 ba3,898 ft²

Listed by RE/MAX RIGHT MOVE

33 Mississaga Street West, Orillia, Ontario, L3V3A5

For sale

85 days ago

$495K

33 Mississaga Street West, Orillia, Ontario, L3V3A5

1 ba1,710 ft²

Listed by SIMCOE HILLS REAL ESTATE INC.

17 West Street South, Orillia, Ontario, L3V5G2

For sale

110 days ago

$719K

17 West Street South, Orillia, Ontario, L3V5G2

3,000 ft²Lot size 22 × 136 ft (2,973 sq ft)

Listed by PROPERTY.CA INC.

$1,700,000

Orillia

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Description

LOCATION! LOCATION! LOCATION! THIS DOWNTOWN ORILLIA BUILDING FRONTS ON TWO MAJOR INTERSECTIONS. THE MAIN STREET OF ORILLIA'S DOWNTOWN 2 BLOCKS FROM WATERFRONT, PARKS AND ALSO THE CORNERSTONE OF THE ORILLIA ART DISTRICT. THIS PRESTIGIOUS BUILDING IS APPROX 5,600 SQ FT WITH 5 MAINLY LONG TERM COMMERCIAL TENANTS AN IMPRESSIVE ADDITION TO ANY INVESTORS PORTFOLIO. LISTED AT APPROX A 6 PERCENT CAP RATE. $100K NOI NEW ROOF AND AIR CONDITIONING 2022. (id:66096)

Property Details

MLS®: S14136378
Property Type: Retail
Zoning: c1
Interior Size: 5,590 ft²
Frontage: 24 ft
Building Area: 5,590 ft²
Heating: Forced air, Natural gas
Cooling: Partially air conditioned, Fully air conditioned
Property Tax: $20,500/yr
Listed: 3 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Orillia listings, avg age

67d

Price / ft²

$304

List price

$1.70M

Haho

This retail in Orillia has been listed for 3 days, which is 64 days fresher than the city average of 67. Act while there is still low competition.

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Listed by SIMCOE HILLS REAL ESTATE INC. · ALLISON GUTHRIE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3V)

This home lists at $1,700,000, about 21.9× the local median household income of $77,500.

Carrying it typically needs a household income of about $332,070 (20% down, 25-yr amortization, stress-tested) — roughly 328% above the area median.

Median household income: $77,500
Population: 48,651
Median age: 47.6
Owner / renter: 70% / 30%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L3V)

$1,700,000· $304/ft²

For sale

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Financing

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