Orillia, ON L3V 5B3,81 & 85 Peter ST
Orillia, ON L3V 5B3,81 & 85 Peter ST
Orillia, ON L3V 5B3,81 & 85 Peter ST
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$1,500,000
Est. payment /mo
6,000 SqFt
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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $250

Subdivision Orillia

MLS Listing ID S12286177

Annual Tax Amount $14,588

Tax Year 2025

Property Sub-Type Investment

Property Description

Going-in cap rate of 6.1% cap rate + approx 35%+ lift on overall rent roll. An add-value investors ideal next project. 2 buildings, 12-units (7x 1b & 5x bach). Built with durable Concrete/block construction. Laundry on site. 10 parking spots. Located downtown Orillia and 3-minute drive from Hwy 11 and Costco.

Location

State ON

County Simcoe

Community Orillia

Area Simcoe

Interior

Cooling Partial

Exterior

Utilities Available Yes

Lot Frontage 95.0

Lot Depth 64.0


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Listed by MYSAK REALTY INC.

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agent

Jacqui VandenHeuvel

+1(905) 926-4399

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