10 PETER STREET N, Orillia
$899,000
For sale: Other
- Property type
- Commercial Retail
- MLS®
- MLS® S12921350
- Neighbourhood
- Orillia
Exceptional investment opportunity in the heart of downtown Orillia! This versatile 3-storey building offers endless potential, continue operating as commercial/office space with strong rental income, or re-purpose into residential units with ground-floor commercial. Preliminary approval for residential conversion has been granted in principle by the City of Orillia, with the requirement to maintain commercial use on the main floor. Ideal for investors, developers, or business owners seeking a prime downtown location with flexible future use. Financial information, Survey and Floor plans are available in the document section. Built in 1973 as per City of Orillia.
Sold data
Homes in Orillia — recent sold market
Homes in Orillia took a median of 31 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 60, across 156 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.
The median sale price was $590,000.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
- Median days to sell
- 31
- Median sale price
- $590,000
- Sale-to-list ratio
- 97.0%
- Sold above asking
- 7%
Based on 156 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Orillia
Orillia has 14 Fraser Institute–rated schools (11 elementary and 3 secondary), averaging 5.1/10.
- Rated schools
- 14
- Elementary
- 11
- Secondary
- 3
- Average rating
- 5.1 / 10
Top-rated schools in Orillia
- Notre Dame — elementaryFraser rating 6.1/10
- Marchmont — elementaryFraser rating 6.0/10
- Harriett Todd — elementaryFraser rating 5.8/10
- Monsignor Lee — elementaryFraser rating 5.6/10
- St Bernard's — elementaryFraser rating 5.6/10
- Ardtrea/Cumberland Beach — elementaryFraser rating 5.5/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 10 PETER STREET N
$799,900
Other28626 HIGHWAY 12 W, Rural Oro-Medonte, Oro-Medonte
$899,999
Other1024 EWART STREET N, Rural Innisfil, Innisfil
$990,900
Other51 LAKE DRIVE N, Historic Lakeshore Communities, Georgina
$899,950
Detached3+121,100–1,500 sqft62 ANTIQUARY ROAD, Carden, Kawartha Lakes
$979,900
Detached321,500–2,000 sqft5075 SIDEROAD 25, Rural Ramara, Ramara
$900,000
Vacant Land9245 COUNTY RD 93, Midland, Midland
$779,000
Detached321,100–1,500 sqft35 TURTLE PATH, Brechin, Ramara
$818,000
Detached321,500–2,000 sqft6121 CONCESSION B C ROAD, Rural Ramara, Ramara