Exceptional investment opportunity in the heart of downtown Orillia! This versatile 3-storey building offers endless potential, continue operating as commercial/office space with strong rental income, or re-purpose into residential units with ground-floor commercial. Preliminary approval for residential conversion has been granted in principle by the City of Orillia, with the requirement to maintain commercial use on the main floor. Ideal for investors, developers, or business owners seeking a prime downtown location with flexible future use. Financial information, Survey and Floor plans are available in the document section. Built in 1973 as per City of Orillia.
| MLS # | S12921350 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Sold Conditional |
| Year | 0 |
| Days On Site | 222 |
| Listing Provided By | CENTURY 21 B.J. ROTH REALTY LTD. | S12921350 074719 |
| SQ Feet | 7,265 |
|---|---|
| Acreage | 0.17 |
| Cooling | Yes |
|---|
| Community Features | Public Transit |
|---|---|
| Security Features | No |
| Utilities | Yes |
|---|---|
| Sewer | Sanitary |
| Tax Annual Amount | 17690.31 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PT LT 5 PL 238 ORILLIA AS IN RO1373966; ORILLIA SUBJECT TO AN EASEMENT IN GROSS OVER PT 1 PL 51R39431 AS IN SC1141886 |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Simcoe |
| City | Orillia |
| Postal Code | L3V 4Y7 |
| Area | Orillia |
| Listing VS Median (in L3V 4Y7) | |
Price: $899,000 low | high Med: $850 sqft: 7,265 low | high Med: 424 $ / sqft: $124 low | high Med: $2 On site: 222 low | high Med: 222 | |
| Province | ON |
|---|---|
| County | Simcoe |
| City | Orillia |
| Postal Code | L3V 4Y7 |
| Area | Orillia |
| Listing VS Median (in L3V 4Y7) | |
Price: $899,000 low | high Med: $850 sqft: 7,265 low | high Med: 424 $ / sqft: $124 low | high Med: $2 On site: 222 low | high Med: 222 | |