2 FRONT STREET S, Orillia

$1,999,999

For sale: Other

Other at 2 FRONT STREET S, Orillia
Property type
Commercial Retail
MLS®
MLS® S13474726
Neighbourhood
Orillia

Positioned at the prominent corner of Mississaga Street and Front Street in the heart of Downtown Orillia, this exceptional investment and development opportunity is ready for your vision. The existing freestanding building offers approximately 5,288 sq. ft. of space, featuring two ground-floor commercial units and 2 upper-level apartments ideally suited for office, live/work, or residential use. Situated on a substantial lot measuring approximately 140 ft. x 88 ft., the property benefits from dual access points from Front Street and on-site parking for approximately 18 vehicles. Investors and developers will appreciate the significant future potential, including the opportunity for land assembly with neighbouring properties. The surrounding area has seen ongoing intensification and redevelopment, with zoning provisions supporting higher-density residential, mixed-use, commercial, and retail developments. The C1 zoning permits a wide range of uses, including professional offices, retail stores, restaurants, bakeries, convenience stores, financial institutions, entertainment venues, and many other commercial applications. Strategically located within walking distance of Downtown Orillia amenities, the Port of Orillia, hotels, restaurants, waterfront attractions, recreation trails, and major retail destinations, this property offers outstanding exposure, accessibility, and long-term growth potential in one of Central Ontario's most dynamic urban markets.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.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 DameelementaryFraser rating 6.1/10
  • MarchmontelementaryFraser rating 6.0/10
  • Harriett ToddelementaryFraser rating 5.8/10
  • Monsignor LeeelementaryFraser rating 5.6/10
  • St Bernard'selementaryFraser rating 5.6/10
  • Ardtrea/Cumberland BeachelementaryFraser rating 5.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 2 FRONT STREET S