$205.47 Per Sq Foot $6,415 est/mo Sourced by Back At You

31 Mississaga Street W,Orillia, ON L3V 3A5

Orillia ON, L3V 3A5

Share with a friend

Description

Top 5 Reasons You Will Love This Property: 1) Rare opportunity to own a renovated and turn-key, multi-unit commercial building in the heart of Orillia’s blossoming downtown 2) Enjoy a cap rate over 6% with five fully tenanted units, including two commercial spaces on the main level, one being a laundromat and the other being a clothing store 3) Three modernized and updated, two-bedroom residential units with an additional long-term revenue upside 4) Recent updates include a TPO roof, copper and pex plumbing throughout, and $581/month increased NOI 5) Directly across the street from the Orillia Public Library and Opera House in one of Orillia's most coveted downtown neighbourhoods. 5,816 fin.sq.ft. Age 104. Visit our website for more detailed information.

Details

MLS#40570016
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1920
Days On Site67
Listing Provided ByFaris Team Real Estate Brokerage | Mark Faris

Features

SQ Feet5,816
BasementY
Story(s)2
ZoningC1
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

Request a showing

Request a showing

Loading Form
Listings Checked: 4 minutes ago
ProvinceON
CountySimcoe County
CityOrillia
Postal CodeL3V 3A5
AreaOrillia
SubareaSouth Ward
Community NameSouth Ward
Listing VS Median (in South Ward)
Price:
$1,195,000
low | high
Med:
$650,000
95.606694560669% of Average
SqFt:
5,816
low | high
Med:
1,861
100% of Average
$ / SqFt:
$205
low | high
Med:
$349
19.990039997392% of Average
On Site:
67
low | high
Med:
488.000000
13.729508196721% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 5:18:10 PM PDT