For Sale

8 Westmount Drive, Orillia, Ontario L3V 6C9

$999,900

8 Westmount Drive, Orillia, Ontario L3V 6C9 is For Sale and has a listing price of 999,900. The property is located in the Orillia neighbourhood . It's been on the website for 6 Days.

  • Investment
    Property Type
  • MLS ID: S12305112
  • Office Name REAL BROKER ONTARIO LTD.
Property Description

PRIME DOWNTOWN ORILLIA INVESTMENT OPPORTUNITY! Exceptional mixed-use property at the high-traffic corner of Mississaga St & Westmount Drive offers unbeatable visibility and cash flow potential. This fully-leased investment features 4 total units with 2 commercial spaces and 2 residential apartments, all occupied by quality long-term tenants ensuring stable income from day one. The main building houses a thriving ground-floor commercial business with 2 apartments above generating consistent rental income, while the secondary building contains a commercial unit with garage storage and is strategically designed with structural support for future second-floor expansion creating incredible value-add opportunity. Currently profitable with excellent upside through the pre-planned second story addition, this property allows you to expand your revenue stream while building equity in this prime downtown location. The property boasts a 20+ car paved parking lot with professional striping and has been meticulously maintained by caring long-term owners. Perfect for savvy investors seeking immediate cash flow plus future growth potential in Orillia’s vibrant downtown core, the combination of established income, quality tenants, ample parking, and expansion possibilities makes this a rare find in today’s market with maximum exposure at this premium corner location.

Property Details
  • MLS ID: S12305112
  • Price: $999,900
  • Lot Depth: 184.5
  • Transaction Types: For Sale
  • Ref ID: S12305112
  • Year Built: N/A
  • Dir / Cross St: Corner of Westmount and Mississaga St.
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
07/24/2025 S12305112 $999,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Orillia
  • $810,975 Average List Price
    based on 1 year
  • 36 New Listings
    based on 30 days
  • 94 Median Days on Market
    based on 1 year
  • List vs. Selling Price 125.42 % Up
  • Sold (12mo) 275
  • Rented (12mo) 83

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Y
  • Garage Type Single Detached
  • Taxes: $10,337
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 24/07/2025 16:15:02
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