32 Matchedash St N

Orillia, ON L3V 4T5
  • $1,750,000

    Price
  • 0

    Bed
  • 5

    Bath
  • 6,700

    SqFt

About the Listing 062215 -

CASH FLOW FROM DAY 1: Here is your chance to add a Freehold, Mixed Use, Multiplex to your portfolio. Located just minutes from Orillia's Growing, Vibrant Waterfront, this well maintained, HANDS OFF INVESTMENT property with LOW ANNUAL EXPENSES, features FIVE INCOME PRODUCING UNITS with long term, stable tenants, making it the perfect addition or start to an investment portfolio. Unit Details - SUITE 101: Main Level Commercial unit, Tenanted by Salon - SUITE 102: Main Level Commercial Unit, Tenanted by Law Office - UNIT A: Second Level Residential Unit, 3 Bedrooms, 1 Bathroom - UNIT B: Lower Level Residential Unit, 2 Bedroom, 1 Bathroom, Tenanted by same Law Office - UNIT C: Lower Level Residential Unit, 1 Bedroom, 1 Bathroom - Possibility to subdivide a commercial unit into a 6th unit. Additionally, the property features a Newly Paved Parking Lot (2023) with 15 parking spaces, and over $100,000 worth of upgrades and updates since 2022, including a renovation in Suite 102, Unit B, and Unit C (2025). This property stands out from the rest with its strong tenant mix with long term, reliable occupants, future development options, ideal location just seconds from the waterfront, staple amenities and stores. This is a rare opportunity to purchase a cash flow positive investment early into the gentrification and growth of an established city.

Listing Highlights

Status Active
Days on Site 54
Property Type Commercial Sale
MLS ® S12569482
Year Built
Total Square Footage 6,700
Lot/Acreage N/A
County Simcoe
Neighborhood Orillia

Interior Details

  • Bedrooms: 0
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond: Yes
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $11,604
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 586670067
  • Tax Year: 2024

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Questions About..

32 Matchedash St N Orillia, ON L3V 4T5

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