For saleMLS® S13578702

156 Mississaga Street E, Orillia, ON L3V 1V7

Orillia · Near Mississauga Street East & Matchedash Street · View map

$749,000
1786Sq ft
Commercial retailType
NoneParking
$2,747/yrTaxes
$749,000
FreeholdNo monthly condo fee
Lot 18 x 100 ftThe land comes with the home

About this home

Stop paying rent to a landlord and take total control of your business's future. This single-storey freestanding commercial building offers an unrivaled opportunity in the absolute "bullseye" of downtown Orillia's historic district. Positioned on the most coveted, high-visibility stretch of Mississauga Street East, this property sits directly within the premier pedestrian-only zone for the city's signature weekend festivals, night markets, and major street animation events, putting your storefront directly in front of tens of thousands of captive locals and tourists right at your doorstep. While the building serves as a perfect operational base today, it doubles as a massive wealth-builder for your future. Under the proposed Updated Official Plan, this site will carry the prestigious Downtown Core designation that unlocks development potential of up to 12 storeys. This allows you to operate your business today while holding an incredible long-term retirement and exit strategy to add multiple floors of residential density or partner with a developer down the road. Located a stone's throw from the waterfront and surrounded by landmark downtown residential hubs like Matchedash Lofts and Sunshine Harbour, this is an opportunity to control your business' destiny and capture immense festival foot traffic, all with significant future upside potential.

The home

Type
Commercial retail
Square footage
1786 sq ft
Lot size
18 x 100 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Closed

Garage & parking

Total parking
None

Taxes & other

Property taxes
$2,747/yr
Tax year
2026
Occupancy
Owner+Tenant
Possession
TBD
Cross street
Mississauga Street East & Matchedash Street
Neighbourhood
Orillia

More

MLS® number
S13578702

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Want to know something that isn’t listed?
Estimated monthly cost$3,250per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    156 Mississaga Street, Orillia, ON L3V 1V7

    Orillia · Near Mississauga Street East & Matchedash Street

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    Sold history

    Listing history for 156 Mississaga Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 156 Mississaga Street E

    Answers come straight from this home’s MLS® listing.

    How much is 156 Mississaga Street E listed for, and what would it cost each month?

    156 Mississaga Street E is listed for $749,000. With 20% down ($149,800), the mortgage payment would be roughly $3,021 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,250 a month, all in. That figure is an illustration, not a quote.

    Is 156 Mississaga Street E freehold or a condo, and is there a monthly fee?

    156 Mississaga Street E is a commercial retail in Orillia. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 156 Mississaga Street E have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 156 Mississaga Street E?

    156 Mississaga Street E is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 156 Mississaga Street E, and what is the lot size?

    The lot is listed as 18 x 100 ft.

    How is 156 Mississaga Street E heated and cooled?

    Heating is gas forced air closed. The listing does not show air conditioning.

    What are the property taxes for 156 Mississaga Street E?

    Property taxes are $2,747 a year (2026), or about $229 a month.

    Where is 156 Mississaga Street E?

    156 Mississaga Street E is in Orillia. The nearest main intersection is Mississauga Street East & Matchedash Street. The postal code is L3V 1V7.

    Is 156 Mississaga Street E still for sale?

    Yes. It is an active listing (MLS® S13578702). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 156 Mississaga Street E asking?

    Similar properties for sale nearby right now include 83 Mississaga Street W at $699,000, 101 Mississaga Street E at $925,000 and 50 Nottawasaga Street at $749,900. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 156 Mississaga Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 156 Mississaga Street E?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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