Attention Builders, Developers And Investors! Excellent Residential Redevelopment Opportunity At 339 Gill Street In Orillia! Situated On A Corner Lot In An Established Residential Neighbourhood, This Property Offers Significant Potential For Future Intensification. The City's Proposed New Official Plan Identifies The Gill Street Area For Evolving Residential Development, Contemplating A Broader Range Of Housing Options Including Townhouses, Multiple-Unit Residential Dwellings And Low-Rise Apartment Buildings, Together With Certain Small-Scale Commercial And Live-Work Uses. Conveniently Located Near Downtown Orillia, Shopping, Schools, Transit And The Waterfront. Property Is Currently Zoned R3. All Redevelopment Opportunities Are Subject To Applicable Planning Policies, Zoning, Floodplain Requirements, Municipal Approvals And Servicing Capacity. Buyers To Complete Their Own Due Diligence.
works out to roughly $643 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 339 Gill St
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
< 700 sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
339 Gill St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® S14081404$449,990
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 339 Gill St Compares to the Orillia Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,211
/mo
based on the purchase price of $449,990
$89,998 cash
$359,992 financed
$303,208 total interest
Principal54%$359,992
Interest46%$303,208
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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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.
Similar homes for sale nearby in Orillia
Other 3–5 bed homes for sale in Orillia around $450K.
Average days on market43Homes sold in about 43 days on average.
Sale-to-list ratio96.2%On average, homes sold below asking.
Active listings291Homes for sale here right now.
Median vs prior 90 days−5.0%Compared with Apr 18 – Jul 17, 2026: prices down.
Based on 223 sales from Jul 17 – Oct 15, 2026 (141 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 339 Gill St
How much is 339 Gill St listed for?
339 Gill St is listed at $449,990 (MLS® S14081404). Summitly updates the price as soon as the MLS® record changes.
Is $449,990 a good price for 339 Gill St?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Orillia. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 339 Gill St changed?
No — 339 Gill St is still listed at its original asking price of $449,990.
How many bedrooms and bathrooms does 339 Gill St have?
339 Gill St has about 700 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a detached home in Orillia.
How much would the monthly mortgage be on 339 Gill St?
About $2,211 a month — principal and interest on $449,990 with 20% down ($89,998), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 339 Gill St compare with other homes in Orillia?
Its asking price of $449,990 is about 20% below 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 339 Gill St been sold before?
Summitly has no earlier MLS® sale or lease of 339 Gill St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 339 Gill St?
339 Gill St is in Orillia, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 339 Gill St been on the market?
339 Gill St was listed today (October 15, 2026).
What is the price per square foot of 339 Gill St?
About $643 per square foot: the asking price of $449,990 over the 700 sq ft the listing gives.
Does 339 Gill St have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.
Does 339 Gill St have a basement, and is it finished?
