$ 2,195,000

161-165 Mississaga Street E, Orillia

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:1945)
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Property details for 161-165 Mississaga Street E, Orillia

Type
Commercial
Living Area
9,222 square feet
Lot Size
Bldg=49.75 x 112.06 FT
Heating
Forced air, Natural gas
Cooling
Partially air conditioned
Annual Taxes
$20,960 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 161-165 Mississaga Street E

Active Listings
166
Min Price
$1
Max Price
$3,799,000
Avg Price
$694,613
Days on Market
57
days
Sold Listings
76
Min Sold Price
$1
Max Sold Price
$3,999,900
Avg Sold Price
$726,043
Days until Sold
70
days

Neighbourhood Census Data

Orillia, Ontario

Population
376
Median Age
55.5
Median Income
$22,208
Dwelling Value
$333,974

Housing Tenure

Owners 27%
Renters 73%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.6
Pop. Density: 1,697.5/km²
Avg Shelter Cost: $1,106/mo
Owners with Mortgage: 46.2%
Owners Spending 30%+: 38.5%
Tenants Spending 30%+: 67.6%
English only: 94.7%
English and French: 3.9%
Median Household Income: $33,152
Median Employment Income: $19,072

Price History

Listed
May 29, 2026
by REAL BROKER ONTARIO LTD.
Current Price
$2,195,000
Type
Commercial
For Sale
161-165 Mississaga Street E

Contact Agent Get in touch about 161-165 Mississaga Street E, Orillia

RYAN MEGSON
RYAN MEGSON
REAL BROKER ONTARIO LTD.