84 Mississaga Street, Orillia, ON
Property Highlights
Welcome to this remarkable 2-Storey fourplex located in the coveted neighborhood of Orillia. Expertly crafted featuring premium brick veneer construction, this residence presents an exceptional opportunity offered at $825,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 81.12 x 86.51 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- Efficient radiant heating via gas
Description
Downtown Orillia, Legal Fourplex, has been continually upgraded, offering great income producing potential. Secure an income-focused legal fourplex in downtown Orillia. Upgrades include all new decks, windows, and a new roof to the exterior of the property. The property offers a mix of 2 X two-bedroom units and, 2 X one-bedroom units. Additionally, the property is of a unique shape offering a double detached garage in the back corner of the lot. All units are currently tenanted. Three of the four units have been extensively renovated with updated kitchens, bathrooms, flooring, paint, and appliances. With 8 parking spaces, separate electrical meters. Located Downtown, close to beaches, schools, shopping and the Hospital.
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Property Summary
This fourplex located at 84 Mississaga Street, Orillia is currently for sale and has been available on SousaSells for 2 days. This property is listed at $825,000 with an estimated mortgage of $2,746* per month. It has 6 beds, 4 bathrooms, and is 3500-5000 square feet. 84 Mississaga Street, Orillia is in the Orillia neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 84 Mississaga Street W, Orillia, ON L3V 3B1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Orillia, ON
For a property listed at $825,000 in Orillia, the legal minimum down payment is $57,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,975 for this transaction. As this listing is in Orillia (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.