161-165 Mississaga St E is a retail in Orillia, listed for $1,999,000.
1Approximately 6,908 finished square feet across seven units , zoned C1.
2Fully 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.
3Stabilized income with no single-sector concentration and no vacancy to manage at acquisition.
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Commercial Property in Orillia
About 161-165 Mississaga Street East
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.
Orillia retail priced at $1,999,000 — book a tour to see if it fits your search.
Inside 161-165 Mississaga St E
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
161-165 Mississaga St E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 161-165 Mississaga St E
Homes for sale in Orillia
Every active Orillia MLS® listing, updated all day.
Average days on market43Homes sold in about 43 days on average.
Sale-to-list ratio96.4%On average, homes sold below asking.
Active listings281Homes for sale here right now.
Median vs prior 90 days−5.0%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 223 sales from Jul 25 – Oct 23, 2026 (147 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 161-165 Mississaga St E
How much is 161-165 Mississaga St E listed for?
161-165 Mississaga St E is listed at $1,999,000 (MLS® S13213612). Summitly updates the price as soon as the MLS® record changes.
Has the price of 161-165 Mississaga St E changed?
Yes — it was first listed at $2,195,000 and is now $1,999,000, a drop of $196,000 (8.9%).
How many bedrooms and bathrooms does 161-165 Mississaga St E have?
The listing for 161-165 Mississaga St E doesn't publish its bedroom and bathroom count. It is a commercial property in Orillia.
How does 161-165 Mississaga St E compare with other homes in Orillia?
Its asking price of $1,999,000 is about 254% above the median sold price in Orillia over the last 90 days, $565,000, across 223 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 161-165 Mississaga St E been sold before?
Summitly has no earlier MLS® sale or lease of 161-165 Mississaga St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 161-165 Mississaga St E?
161-165 Mississaga St E is in Orillia, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 161-165 Mississaga St E been on the market?
148 days — 161-165 Mississaga St E was listed on May 28, 2026.
What is the land transfer tax on 161-165 Mississaga St E?
About $36,455 in Ontario land transfer tax at the asking price of $1,999,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 161-165 Mississaga St E or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 161-165 Mississaga St E?
The listing for 161-165 Mississaga St E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Orillia.
When was 161-165 Mississaga St E built?
The listing for 161-165 Mississaga St E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
