$ 1.195.000

31 Mississaga Street W, Orillia

18 Photos

31 Mississaga Street W, Orillia, ON L3V3A5 Photo 2

31 Mississaga Street W, Orillia, ON L3V3A5 Photo 3

31 Mississaga Street W, Orillia, ON L3V3A5 Photo 4

31 Mississaga Street W, Orillia, ON L3V3A5 Photo 5

31 Mississaga Street W, Orillia, ON L3V3A5 Photo 6

31 Mississaga Street W, Orillia, ON L3V3A5 Photo 7

Living area: 5816 sqft
MLS®: 40570016

Type: Commercial
Added: 17 days ago

Property Details

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. (id:1945)

Property Information

Sewer: Municipal sewage system
Stories: 2
Basement: Full
Utilities: Natural Gas
Year Built: 1920
Directions: Andrew St S/Mississaga St W
Living Area: 5816
Lot Features: Paved driveway
Photos Count: 18
Water Source: Municipal water
Parking Total: 3
Common Interest: Freehold
Street Dir Suffix: West
Subdivision Name: South Ward
Tax Annual Amount: 8958
Building Area Total: 5816
Zoning Description: C1

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Nearby Places

Name	Type	Address	Distance
Orillia Opera House	Orillia Opera House is an historic building home t...		0.1 km
Gaudaur Natural Foods	Shoe store	17 Andrew St N	0.1 km
Orillia Transit	First Student Canada provides drivers, maintains t...		0.1 km
Era 67 Restaurant & Lounge	Restaurant	64 Mississaga St W	0.1 km
Tudhope Building	From 1909 to 1990s it was a manufacturing facility...		0.2 km
Tim Hortons	Cafe	25 Colborne St E	0.2 km
Tre Sorelle	Restaurant	133 Mississaga St E	0.3 km
Cosmo's Ristorante	Restaurant	90 Mississaga St E	0.3 km
Mariposa Market Store	Bakery	109 Mississaga St E	0.3 km
Brewery Bay Food Co	Bar	117 Mississaga St E	0.4 km
Aji Sushi	Restaurant	2 Front St N	0.6 km
Sixteen Front, Casual Fine Dining & Lounge	Restaurant	16 Front St N	0.6 km

Similar Commercial listings Stat in Orillia

We have found 3 Commercial that closely match the specifications of the property located at 31 Mississaga Street W with distances ranging from 2 to 8 kilometers away. The prices for these similar properties vary between 950,000 and 1,125,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Commercial in the L3V3A5 postal code area of Orillia Ontario Canada.

Demographic Information

Neighbourhood Education

Master's degree	10
Bachelor's degree	20
Certificate of Qualification	10
College	25
University degree at bachelor level or above	25

Neighbourhood Marital Status Stat

Married	50
Widowed	10
Divorced	50
Separated	15
Never married	130
Living common law	65
Married or living common law	120
Not married and not living common law	215

Neighbourhood Construction Date

1961 to 1980	35
1981 to 1990	15
1960 or before	145

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