525 - 975 W RIDGE BOULEVARD, Orillia

$149,900

For sale: Other

Other at 525 - 975 W RIDGE BOULEVARD, Orillia
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® S13410660
Neighbourhood
Orillia

Fantastic turnkey restaurant opportunity in Orillia, strategically positioned near Highway 12 within a thriving commercial plaza surrounded by established businesses. Currently operating as a Mediterranean restaurant, the premises offer flexibility for conversion to a wide range of food and beverage concepts. This efficiently designed 1,631 sq. ft. space features a practical layout that supports cost-effective operations and reduced staffing requirements. The premises are equipped with an 8-foot commercial exhaust hood and a fully functional kitchen setup, allowing a seamless transition for a new operator. The plaza enjoys strong vehicle and pedestrian traffic, excellent exposure, and ample on-site parking, providing an outstanding foundation for business success. Please do not approach staff, ownership, or visit the business directly. All inquiries and showings must be arranged through the listing agent.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.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 525 - 975 W RIDGE BOULEVARD