2 FRONT STREET S, Orillia
$1,499,999
For sale: Other
- Property type
- Commercial Retail
- MLS®
- MLS® S14031130
- 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 existingfreestanding building offers approximately 5,288 sq. ft. of space, featuring two ground-floor commercialunits and 2 upper-level apartments ideally suited for office, live/work, or residential use. Situated on asubstantial lot measuring approximately 140 ft. x 88 ft., the property benefits from dual access points fromFront Street and on-site parking for approximately 18 vehicles. Investors and developers will appreciatethe significant future potential, including the opportunity for land assembly with neighbouring properties.The surrounding area has seen ongoing intensification and redevelopment, with zoning provisionssupporting higher-density residential, mixed-use, commercial, and retail developments. The C1 zoningpermits 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 offersoutstanding exposure, accessibility, and long-term growth potential in one of Central Ontario's mostdynamic urban markets.
Sold data
Homes in Orillia — recent sold market
Homes in Orillia took a median of 36 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 63, across 154 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.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 $589,450.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 32% of sellers reduced their price before finding a buyer.
- Median days to sell
- 36
- Median sale price
- $589,450
- Sale-to-list ratio
- 96.9%
- Sold above asking
- 3%
Based on 154 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
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