STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108


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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$719,000
Available - For Sale
Listing ID: S13578760
Rare opportunity to own an exceptional mixed-use investment property perfectly situated at the gateway intersection of Mississauga Street and West Street, right in the heart of downtown Orillia's bustling business district. Boasting a phenomenal 94 Walk Score, this versatile asset features a highly functional layout featuring prime street-level commercial space-ideal for retail, service, or office use-paired with distinct residential capacity on the upper level and large storage spaces across all three floors, including the basement. 17 West Street offers buyers immediate income as well as future upside potential. The asset perfectly suits three distinct buyer profiles: an income investor seeking cash flow in a rapidly expanding market, an owner-occupier looking to operate a storefront while collecting supplemental rent, or a forward-thinking stakeholder looking to position themselves for massive appreciation from future development. Strategically located within an official Strategic Growth Area, the property is poised to benefit entirely from the newly proposed Official Plan, which actively funnels high-density vertical intensification directly to this core transit and arterial corridor. Under the proposed plan, the site is slated for a high-density Downtown Transition/Mixed-Use designation, unlocking unprecedented long-term development potential. The proposed new zoning framework allows for vertical intensification of up to eight storeys for mixed-use residential and commercial builds. Positioned within easy walking distance of Lake Couchiching and major anchor redevelopments like Matchedash Lofts, and the Elgin Bay Club, 17 West Street South sits at the epicenter of a city projected to welcome 49,000 residents and 26,000 jobs by 2051. Capitalize on downtown Orillia's aggressive growth trajectory and secure a foundational piece of its changing skyline.
Price $719,000
Taxes: $3,530.7
Tax Type: Annual
Occupancy by: Owner+T
Address: 17 West Street South , Orillia, L3V 5G2, Simcoe
Postal Code: L3V 5G2
Province/State: Simcoe
Legal Description: PT LT 2 BLK 1 PL 63 ORILLIA AS IN RO1471
Directions/Cross Streets: West Street & Mississauga Street
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Multi-Use
Use: Other
Building Percentage: T
Total Area: 3,000
Total Area Code:  Square Feet
Office/Appartment Area: 2000
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: No
Sewers: Sanitary
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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PROPERTY.CA INC.

17 West Street South , Orillia, L3V 5G2, Simcoe

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Stan Khurana
Sales Representative
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6473836000
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905-883-1988

 
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At a Glance:
Type: Com - Commercial Retail
Area: Simcoe
Municipality: Orillia
Neighbourhood: Orillia
Style:
Lot Size: x 136.23(Feet)
Approximate Age:
Tax: $3,530.7
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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