161-165 Mississaga Street

ActiveOrillia · Orillia69 days on marketMLS® S13213612

$2,195,000

$238 / sq ft

Bedrooms0

Bathrooms0

Interior9,222 sq ft

TypeCommercial

ListingFor Sale

Days on Market69

About this property

Rare opportunity to own a freestanding mixed-use commercial building on the corner of Mississaga Street East and Matchedash Street South, in the heart of downtown Orillia's Business District. Approximately 6,908 finished square feet across seven units , zoned C1. Fully tenanted with a diversified mix that includes a cafe, a clothing boutique, a pilates studio, a jewelry store, and an interior design firm, plus two long-tenured residential units. Stabilized income with no single-sector concentration and no vacancy to manage at acquisition. The building occupies one of downtown Orillia's most active commercial corners, with frontage on both Mississaga Street East (the city's main commercial corridor) and Matchedash Street South. Foot traffic is strong year-round, anchored by the surrounding mix of restaurants, retail, professional services, and the steady reinvestment that has shifted downtown Orillia's market over the past decade. The asset suits three buyer profiles: an income investor seeking stabilized cash flow in a growing Ontario market, an owner-occupier looking to operate one unit while collecting income from the others, or a long-term holder positioning for appreciation as the downtown core continues to grow. Within walking distance of Lake Couchiching, Couchiching Beach Park, and recent residential developments, Matchedash Lofts, Sunshine Harbour, Orillia Fresh Towns, and Elgin Bay Club - all part of a city projected to grow 26 percent by 2031, with downtown reinvestment and foot traffic growing alongside it. The full financial package is available to qualified buyers under a standard confidentiality agreement.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	S13213612
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	9,222 sq ft
Beds / Baths	0 bed · 0 bath
Neighbourhood	Orillia
City	Orillia
Postal Code	L3V 1V8
Province	ON
Listed Date	May 29, 2026
Days on Market	69
Price per Sq Ft	$238
Brokerage	REAL BROKER ONTARIO LTD.