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246 Mississauga Street

246 Mississauga Street

Orillia, ON

  • 5,122 sqft
  • Investment
  • 485 days on market
$1,494,900Price reduced 15%

Looking for a great investment with low expenses and great income. Located close to the Orillia hospital. This property has 4 apartments - 3-3 bedrooms and 1-2 bedroom all with their own stackable washer/dryer. All apartments are separate metered for electrical and water. Occupied with good tenants and yields a very strong cash flow.

Listing Details

Taxes (2024)
$10,092
Originally Listed
$1,750,000
Listed
May 5, 2025

Price History

Property

Lot Size
76 x 154.21 Feet

Parking

Garage
Outside/Surface

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Mississauga St West & Westmont Dr South
Zoning
R2
Possession
Flexible
Occupancy
Tenant

Commercial

Business Type
Apts - 2 To 5 Units

Included

Inclusions
4 Fridges, 4 Stoves, 4 Stackable Washers/Dryers. Heating Hot Water Boiler.

Property Insights

updated kitchenneeds worktile floorshardwood floors

AI-generated from listing photos. Not professional advice.

Community

Postal area L3V

Population
48,651
Private dwellings
22,293
Median age
47.6
Average household size
2.3
Median household income
$77,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Orillia · last 12 months

Median sold price
$590,000
Homes sold
541
Median days on market
27
Sale-to-list price
96.4%

Based on 541 recorded sales of commercial properties in Orillia over the last 12 months.

Listed by

REMAX YOUR COMMUNITY REALTY

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
5,122 sq ft
Price per sq ft
$291.86
Annual property tax
$10,092
Tax per sq ft
$1.97

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

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