Active

31 MISSISSAGA Street W

Orillia Ontario, L3V3A5

$1,195,000


$205.47 per sqft

Active

5,816 sqft

Commercial

Built in 1920

 Courtesy of Faris Team Real Estate Brokerage 

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:41202)

40570016

MLS ID

April 12, 2024

Listed

May 9, 2024

Updated

Map

31 MISSISSAGA Street W
Orillia Ontario, L3V3A5

Other Property Details

Garage

No


Parking Total

3


View

No


Pool

No

Courtesy of Faris Team Real Estate Brokerage, Mark Faris,
Listing Contact: (705) 797-8485 

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