Salehian.com 647-325-5000

156 Mississaga Street E

Orillia, Orillia, L3V 1V7

$749,000

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Listed 95 days ago · MLS® S13578702

About this home

Stop paying rent to a landlord and take total control of your business's future. This single-storey freestanding commercial building offers an unrivaled opportunity in the absolute "bullseye" of downtown Orillia's historic district. Positioned on the most coveted, high-visibility stretch of Mississauga Street East, this property sits directly within the premier pedestrian-only zone for the city's signature weekend festivals, night markets, and major street animation events, putting your storefront directly in front of tens of thousands of captive locals and tourists right at your doorstep. While the building serves as a perfect operational base today, it doubles as a massive wealth-builder for your future. Under the proposed Updated Official Plan, this site will carry the prestigious Downtown Core designation that unlocks development potential of up to 12 storeys. This allows you to operate your business today while holding an incredible long-term retirement and exit strategy to add multiple floors of residential density or partner with a developer down the road. Located a stone's throw from the waterfront and surrounded by landmark downtown residential hubs like Matchedash Lofts and Sunshine Harbour, this is an opportunity to control your business' destiny and capture immense festival foot traffic, all with significant future upside potential.

Details

Type
Commercial Retail
Lot
18 × 100 ft
Garage
None
Property tax
$2,747 (2026)
Neighbourhood
Orillia
Municipality
Orillia

Heating, cooling and services

Heating
Gas Forced Air Closed
Water and sewer
Sanitary
Utilities
Available

Building and exterior

Building area
1,786 Square Feet

More

Possession
TBD
Cross street
Mississauga Street East & Matchedash Street

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 1 grocery store, 21 cafés and restaurants, 7 parks, 3 pharmacies. Nearest grocery: Metro (300 m). Nearest park: St. James Commons (200 m).

Schools nearby

Elementary

  • Lions Oval Public School
    EQAO: Gr 6 reading 65%, math 47%    11 min walk
  • École élémentaire catholique Samuel-de-Champlain French
    EQAO: Gr 6 reading 77%, math 41%    1.7 km
  • Orchard Park Elementary School
    EQAO: Gr 6 reading 81%, math 44%    1.7 km
  • Harriett Todd Public School
    EQAO: Gr 6 reading 81%, math 50%    1.8 km

Secondary

  • Orillia Secondary School
    EQAO: Gr 9 math 42%, literacy test 83%    1.5 km
  • Patrick Fogarty Secondary School Catholic
    EQAO: Gr 9 math 40%, literacy test 83%    2.2 km
  • Twin Lakes Secondary School
    EQAO: Gr 9 math 35%, literacy test 85%    2.3 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L3V

Owners / renters
70% / 30%
Median household income
$77,500
Average age
46
Children under 15
14%
Homes
67% detached, 5% high-rise
Commute by transit
2%
Population
48,651

Languages spoken most at home besides English: Tagalog (Pilipino, Filipino) 0.2%, Mandarin 0.2%, Yue (Cantonese) 0.2%, Gujarati 0.2%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Orillia (OPP): 102 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by PROPERTY.CA INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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