$1,999,000
( $216.76Per Sq Foot )
 $10,731 est/mo Sourced by Back At You

161-165 Mississaga Street E,Orillia, ON L3V1V8

Orillia, ON L3V1V8

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Description

Rare opportunity to own a freestanding mixed-use commercial building on the corner of Mississaga Street East and Matchedash Street South, in the heart of downtown Orillia's Business District. Approximately 6,908 finished square feet across seven units , zoned C1. Fully tenanted with a diversified mix that includes a cafe, a clothing boutique, a pilates studio, a jewelry store, and an interior design firm, plus two long-tenured residential units. Stabilized income with no single-sector concentration and no vacancy to manage at acquisition. The building occupies one of downtown Orillia's most active commercial corners, with frontage on both Mississaga Street East (the city's main commercial corridor) and Matchedash Street South. Foot traffic is strong year-round, anchored by the surrounding mix of restaurants, retail, professional services, and the steady reinvestment that has shifted downtown Orillia's market over the past decade. The asset suits three buyer profiles: an income investor seeking stabilized cash flow in a growing Ontario market, an owner-occupier looking to operate one unit while collecting income from the others, or a long-term holder positioning for appreciation as the downtown core continues to grow. Within walking distance of Lake Couchiching, Couchiching Beach Park, and recent residential developments, Matchedash Lofts, Sunshine Harbour, Orillia Fresh Towns, and Elgin Bay Club - all part of a city projected to grow 26 percent by 2031, with downtown reinvestment and foot traffic growing alongside it. The full financial package is available to qualified buyers under a standard confidentiality agreement. (id:13843)

Details

MLS #S13213612
Listing TypeFor Sale
StatusActive
Days On Site148
Listing Provided ByREAL BROKER ONTARIO LTD. | RYAN MEGSON

Features

SQ Feet9,222
ZoningC1

Interior

CoolingPartially air conditioned
HeatingForced air, Natural gas
Fireplace Yes / NoNo

Utilities

Water SourceMunicipal water

Taxes

Tax Annual Amount20959.66
Tax Year2025

Area Information

ProvinceON
CityOrillia
Postal CodeL3V1V8
Listing VS Median (in L3V1V8)
Price:
$1,999,000
low | high
Med:
$1,000,300
99.959979989995% of Average
sqft:
9,222
low | high
Med:
5,017
95.59748427673% of Average
$ / sqft:
$217
low | high
Med:
$109
99.545487029229% of Average
On site:
148
low | high
Med:
103
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityOrillia
Postal CodeL3V1V8
Listing VS Median (in L3V1V8)
Price:
$1,999,000
low | high
Med:
$1,000,300
99.959979989995% of Average
sqft:
9,222
low | high
Med:
5,017
95.59748427673% of Average
$ / sqft:
$217
low | high
Med:
$109
99.545487029229% of Average
On site:
148
low | high
Med:
103
100% of Average
Sourced by Back At You
Listing Updated: October 14, 2026 at 5:18:30 AM PDT