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116 Albert Street S, Orillia, ON L3V 5L2, Orillia, Ontario

commercial · MLS® S12723936

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$649,000

MLS# S12723936

116 Albert Street S, Orillia, ON L3V 5L2

Orillia, Ontario L3V 5L2

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New Listing· Listed null days on marketPopular· 100 views today
About This Property

Fantastic opportunity to own an affordable investment property generating almost $50K income with significant upside! Legal 3-plex has seen numerous improvements including new roof (2024), new eaves troughs (2025), two major suite modernizations in 2022 and 2025. Located in desirable and lucrative downtown Orillia! Within very close proximity to shopping, grocery, hospital, lake, and bustling downtown core! Listed together with 80 James St E (4 Suites). Can be bought together or separately.

Property Details

Property Type

Commercial

Year Built

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Location

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116 Albert Street S, Orillia, ON L3V 5L2, Orillia, Ontario

About 116 Albert Street S, Orillia, ON L3V 5L2

This Commercial at 116 Albert Street S, Orillia, ON L3V 5L2 is listed for sale in Orillia, Ontario at $649,000.

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Orillia is a thriving community in Ontario with excellent amenities, schools, parks, and transit access. Whether you are a first-time buyer, growing family, or investor, this commercial represents a compelling opportunity in Orillia's real estate market.

MLS® number S12723936. Listed with RE/MAX Realty Specialists Inc., Brokerage. Contact Jagtar Singh for more information or to schedule a private showing.

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$649,000

20% ($129,800)

Minimum 5% for homes under $500K, 20% to avoid CMHC insurance

5.5%
25 years

Estimated Monthly Payment

$3,188

*Principal & Interest only. Does not include taxes or insurance.

Principal$519,200
Total Interest$437,303
Total Cost$1,086,303
Jagtar Singh

Jagtar Singh

RE/MAX Realty Specialists Inc.

Contact About This Property
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