$749,000
( $419.37Per Sq Foot )
 $4,021 est/mo Sourced by Back At You

156 Mississaga Street E,Orillia, ON L3V 1V7

Orillia, ON L3V 1V7

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Description

Stop paying rent to a landlord and take total control of your business's future. This single-storey freestanding commercial building offers an unrivaled opportunity in the absolute "bullseye" of downtown Orillia's historic district. Positioned on the most coveted, high-visibility stretch of Mississauga Street East, this property sits directly within the premier pedestrian-only zone for the city's signature weekend festivals, night markets, and major street animation events, putting your storefront directly in front of tens of thousands of captive locals and tourists right at your doorstep. While the building serves as a perfect operational base today, it doubles as a massive wealth-builder for your future. Under the proposed Updated Official Plan, this site will carry the prestigious Downtown Core designation that unlocks development potential of up to 12 storeys. This allows you to operate your business today while holding an incredible long-term retirement and exit strategy to add multiple floors of residential density or partner with a developer down the road. Located a stone's throw from the waterfront and surrounded by landmark downtown residential hubs like Matchedash Lofts and Sunshine Harbour, this is an opportunity to control your business' destiny and capture immense festival foot traffic, all with significant future upside potential.

Details

MLS #S13578702
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site110
Listing Provided ByPROPERTY.CA INC. | S13578702 223907

Features

SQ Feet1,786
Acreage0.04

Interior

CoolingNo

Exterior

Security FeaturesNo

Utilities

UtilitiesAvailable
SewerSanitary

Taxes

Tax Annual Amount2747
Tax TypeAnnual
Tax Legal DescriptionLT H N/S MISSISSAGA ST PL 361 ORILLIA; ORILLIA
Tax Year2026

Area Information

ProvinceON
CountySimcoe
CityOrillia
Postal CodeL3V 1V7
AreaOrillia
Listing VS Median (in L3V 1V7)
Price:
$749,000
low | high
Med:
$749,000
50% of Average
sqft:
1,786
low | high
Med:
1,786
50% of Average
$ / sqft:
$419
low | high
Med:
$419
50% of Average
On site:
110
low | high
Med:
110
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CountySimcoe
CityOrillia
Postal CodeL3V 1V7
AreaOrillia
Listing VS Median (in L3V 1V7)
Price:
$749,000
low | high
Med:
$749,000
50% of Average
sqft:
1,786
low | high
Med:
1,786
50% of Average
$ / sqft:
$419
low | high
Med:
$419
50% of Average
On site:
110
low | high
Med:
110
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $561K - $936K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
49 Colborne Street E Property Photo 1
$799,000
49 Colborne Street E
Orillia, ON L3V 1T5
Listing Updated: September 29, 2026 at 11:27:04 PM PDT