$2,195,000
FOR SALE

Commercial/Retail

Lot: 49.75 x 112.06 ft
2026 Taxes: $37,504

161-165 Mississaga St E
Orillia, ON L3V 1V8 | Simcoe

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.
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Listed By REAL BROKER ONTARIO LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number S13213612
Last Updated May 29, 2026
Property Summary
Property Type Commercial/Retail

More like this:
PIN 586670143
Possession Date Flexible
Taxes (2026) $37,504
Directions/Cross Streets Mississaga/Matchedash
Neighbourhood Orillia
Area Simcoe
Price History

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Detailed Information
Freestanding Y
Lot 49.75 x 112.06 ft
Air Conditioning Partial
Garage Type None
Heat Type Gas Forced Air Open

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