40 Peter Street S, Orillia
Prime downtown Orillia opportunity on a signature Peter St S / Colborne St E corner. This professionally repositioned 3,958 sq. ft. former bank branch has been transformed into a high-end, client-facing office featuring a stone-clad reception, glass-walled private offices, a boardroom, a spacious open work area, and an updated kitchen, all wrapped in a refreshed exterior. C4i zoning positions this corner for downtown intensification, and the property sits within walking distance of Orillia's planned downtown transit terminal - genuine long-term upside in the heart of Orillia. Ideal for a professional practice wanting a turnkey, prestige address, or an investor targeting downtown office / NNN lease income. A rare pairing of finished product and growth story. (id:1945)
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Property details for 40 Peter Street S, Orillia
- Type
- Commercial
- Living Area
- 3,958 square feet
- Lot Size
- Bldg=107.9 x 123.8 FT
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Annual Taxes
- $21,828 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 40 Peter Street S
Active Listings
166
Min Price
$1
Max Price
$3,799,000
Avg Price
$685,576
Days on Market
56
days
Sold Listings
73
Min Sold Price
$1
Max Sold Price
$3,999,900
Avg Sold Price
$700,746
Days until Sold
68
days
Neighbourhood Census Data
Orillia, Ontario
Population
364
Median Age
37.9
Median Income
$20,949
Housing Tenure
Renters 93%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.7
Pop. Density: 1,919.8/km²
Owners with Mortgage: 0%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 64.9%
English only: 94.4%
English and French: 4.2%
Median Household Income: $25,664
Median Employment Income: $23,915
Price History
Listed
September 21, 2026
by Century 21 B.J. Roth Realty Ltd.
Current Price
$1,495,000
Type
Commercial
For Sale