16 West Street, Orillia, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Orillia. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $59,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 52.25 x 139 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Rare opportunity to take over the historic Geneva Hall in Orillia and bring this well-known community landmark back to life. Offering approximately 6,100 square feet of flexible space, the property is well suited for an event centre, live music venue, gallery, or other creative hospitality use. A new operator can step into the existing setup while signing a fresh lease with the landlord and acquiring the chattels required to operate, including a fully built bar with draft system and refrigeration, commercial kitchen, stage with sound system, tables and chairs, and digital marquee signage. The space features an open layout that can be adapted to a variety of concepts and includes a transferable liquor licence, creating a unique turn-key opportunity for an operator with vision to reintroduce this iconic venue to Orillia.
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Property Summary
This sale of business located at 16 West Street, Orillia is currently for sale and has been available on SousaSells for 118 days. This property is listed at $59,000 with an estimated mortgage of $196* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 16 West 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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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 16 West Street S, Orillia, ON L3V 5G3
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 $59,000 in Orillia, the legal minimum down payment is $2,950 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 $315 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 $315.
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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.