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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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161-165 Mississaga Street E Orillia
For SalePrice DropOrillia

161-165 Mississaga Street E Orillia, Commercial Retail for Sale

MLS® S13213612

Orillia, ON

163 days on market
$1,999,000
Previously $2,195,000
Show on Map
Show on Map
N/ABeds
N/ABaths
9,222Sqft
N/AParking
Commercial Retail

Overview· 161-165 Mississaga Street E Orillia

MLS® #S13213612

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.

Broker

REAL BROKER ONTARIO LTD.

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Walk Score®93Walker's ParadiseWalker's Paradise
Transit Score®—No transit agency data for this addressNo transit agency data for this address
Bike Score®75Very BikeableVery Bikeable
Schools302 schools within 1.5 km · nearest 736 m2 schools within 1.5 km · nearest 736 m
Parks756 parks within 1 km · nearest 231 m6 parks within 1 km · nearest 231 m
Convenience7311 groceries, cafes and pharmacies within 1 km · nearest 87 m11 groceries, cafes and pharmacies within 1 km · nearest 87 m
Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 161-165 Mississaga Street E Orillia

Source: MLS® listing data
161-165 Mississaga Street E Orillia

Commercial Retail

161-165 Mississaga Street E Orillia

Orillia

Type

Commercial Retail

Parking

None

Property Tax

~$20,960/yr

Heating

Gas Forced Air Open

Buying Essentials

Square Feet

9222 sqft

Parking

None

Finances

List Price

$1,999,000

Price per SQFT

$217/sqft

Property Tax

~$20,960/yr

Property Specs

Property Type

Commercial Retail

MLS Size

9222 sqft

Living & Amenities

Heating Type

Gas Forced Air Open

Policies & Utilities

Neighbourhood

Orillia

Listed On

May 28, 2026

Price & Listing History

Days on Market

Current: 163 days

0306090120+

Rooms

Room information is not available for this listing.

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Schools closest to 161-165 Mississaga Street E Orillia.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$8,040/mo
Property Tax$1,747/mo
Total Monthly$9,787

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0