14 Elgin Street
Orillia, ON
- 5,242 sqft
- Investment
- 128 days on market
Great investment opportunity in Otilia! This well-maintained 12-unit property offers a strong income potential with a desirable unit mix of six 1-bedroom units and six bachelor suites. The building includes seven parking spaces, adding extra value and convenience for tenants. Ideally located close to downtown, public transit, shopping, and schools, this property is highly attractive to students and urban renters alike. A solid addition to any investment portfolio with consistent rental demand in a prime location. Clean Phase 1 report available.
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Listing Details
- Taxes (2025)
- $18,208
- Listed
- April 27, 2026
Price History
Property
- Lot Size
- 50 x 105 Feet
Parking
- Garage
- Outside/Surface
Location & Legal
- Cross Street
- West Street S/Colborne St W
- Zoning
- C1
- Parcel Number
- 586680009
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - 6 To 12 Units
Included
- Inclusions
- 1 washer, 1 dryer, 12 fridges, 12 stoves
- Rental Items
- 2 hot water tanks
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
- 540
- Median days on market
- 27
- Sale-to-list price
- 96.4%
Based on 540 recorded sales of commercial properties in Orillia over the last 12 months.
Listed by
GRANGE HALL REALTY INC.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 5,242 sq ft
- Price per sq ft
- $438.57
- Annual property tax
- $18,208
- Tax per sq ft
- $3.47
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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