161-165 Mississaga Street E, Orillia, ON L3V 1V8
Orillia · Near Mississaga/Matchedash · View map
About this home
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.
The home
- Type
- Commercial retail
- Square footage
- 9222 sq ft
- Lot size
- 49.8 x 112.1 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Partial
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Partial
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $20,960/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Mississaga/Matchedash
- Neighbourhood
- Orillia
More
- MLS® number
- S13213612
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
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.
161-165 Mississaga Street, Orillia, ON L3V 1V8
Orillia · Near Mississaga/Matchedash
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Listing history for 161-165 Mississaga Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 161-165 Mississaga Street E
Answers come straight from this home’s MLS® listing.
How much is 161-165 Mississaga Street E listed for, and what would it cost each month?
161-165 Mississaga Street E is listed for $1,999,000. With 20% down ($399,800), the mortgage payment would be roughly $8,063 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $9,810 a month, all in. That figure is an illustration, not a quote.
Is 161-165 Mississaga Street E freehold or a condo, and is there a monthly fee?
161-165 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 161-165 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 161-165 Mississaga Street E?
161-165 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 161-165 Mississaga Street E, and what is the lot size?
The lot is listed as 49.8 x 112.1 ft.
How is 161-165 Mississaga Street E heated and cooled?
Heating is gas forced air open. Cooling is partial.
What are the property taxes for 161-165 Mississaga Street E?
Property taxes are $20,960 a year (2026), or about $1,747 a month.
Where is 161-165 Mississaga Street E?
161-165 Mississaga Street E is in Orillia. The nearest main intersection is Mississaga/Matchedash. The postal code is L3V 1V8.
Is 161-165 Mississaga Street E still for sale?
Yes. It is an active listing (MLS® S13213612). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 161-165 Mississaga Street E asking?
Similar properties for sale nearby right now include 2925 Old Barrie Road E at $1,988,000, 570 Laclie Street at $1,775,000 and 184 Borland Street E at $1,500,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 161-165 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 161-165 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.
Similar properties nearby
More properties for sale near Orillia, picked by style, size and price.
Investment$1,988,0002925 Old Barrie Road E, OrilliaOrilliaCourtesy of: CENTURY 21 B.J. ROTH REALTY LTD.View home →
Land$1,775,000570 Laclie Street, OrilliaOrilliaCourtesy of: SUTTON GROUP INCENTIVE REALTY INC.View home →
Investment$1,500,000184 Borland Street E, OrilliaOrilliaCourtesy of: CENTURY 21 B.J. ROTH REALTY LTD.View home →Courtesy of: REAL BROKER ONTARIO LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.