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81 MISSISSAGA STREET E, Orillia, Ontario

$1,700,000

5,590 sq ft

MLS® S14136378

LOCATION! LOCATION! LOCATION! THIS DOWNTOWN ORILLIA BUILDING FRONTS ON TWO MAJOR INTERSECTIONS. THE MAIN STREET OF ORILLIA'S DOWNTOWN 2 BLOCKS FROM WATERFRONT, PARKS AND ALSO THE CORNERSTONE OF THE ORILLIA ART DISTRICT. THIS PRESTIGIOUS BUILDING IS APPROX 5,600 SQ FT WITH 5 MAINLY LONG TERM COMMERCIAL TENANTS AN IMPRESSIVE ADDITION TO ANY INVESTORS PORTFOLIO. LISTED AT APPROX A 6 PERCENT CAP RATE. $100K NOI NEW ROOF AND AIR CONDITIONING 2022. (id:56426)

ALLISON GUTHRIE

Listed by SIMCOE HILLS REAL ESTATE INC.

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population: 33,411
Median household income: $71,000
Median home value: $552,000
Owner-occupied: 61%
Homes for sale: 300
Median list price: $625,000

Source: Statistics Canada 2021, LiveBy

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Payments on this property

Pre-filled with this listing’s asking price. Canadian semi-annual compounding, with CMHC default insurance added automatically under 20% down.

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We cover Orangeville, Mono, Caledon, Shelburne, the rest of Dufferin County and into Wellington County. Call us directly.

Residential Realtor

Karen McGuffin

(519) 216-1956

Or call Arden — (519) 806-0555

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