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For Sale · Orillia · Retail
$899,000
About This Home
Exceptional investment opportunity in the heart of downtown Orillia! This versatile 3-storey building offers endless potential, continue operating as commercial/office space with strong rental income, or re-purpose into residential units with ground-floor commercial. Preliminary approval for residential conversion has been granted in principle by the City of Orillia, with the requirement to maintain commercial use on the main floor. Ideal for investors, developers, or business owners seeking a prime downtown location with flexible future use. Financial information, Survey and Floor plans are available in the document section. Built in 1973 as per City of Orillia. (id:66635)
Summarizing the highlights...
Property Details
July Value
Calculating a July Value estimate...
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My Notes
Location
Run The Numbers
Monthly mortgage payment
$4,204
$719,200 financed over 25 years at 5%. For guidance only, not a quote or approval.
Monthly cost (mortgage + tax + maintenance)
$4,204
Cash flow
-$4,204
Estimates for education only. Talk to a JULY advisor for real numbers on this home.
Orillia right now
Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.
The Neighbourhood
Household and demographic stats for Orillia, from the Statistics Canada 2021 Census.
The immediate block around this home (right here): about 410 residents in 290 homes, 2,162 people/km² (urban).
Source: Statistics Canada 2021 Census, Orillia, City, Ontario; block-level figures from dissemination area 35431184.
Schools
K-12 schools closest to this home, with straight-line distances.
Orillia Campus
public · secondary
Lions Oval Public School
public · elementary
Monsignor Lee Separate School
catholic · elementary
Orillia Secondary School
public · secondary
Orchard Park Elementary School
public · elementary
ÉÉC Samuel-de-Champlain
catholic · elementary
Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.
Rental Market
Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.
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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.
Price on request / month
51 WYN WOOD LANE, Orillia
3 bed · 3 bath