Welcome to this remarkable office 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 $9,450,000 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.
Prime Office Building Investment in Orillia. Distinguished by its superior maintenance, strategic location, and strong investment potential, the building's strengths are: PEAK MAINTENANCE: Benefit from a property that's in excellent condition, with all capital improvements completed and up-to-date, ensuring a hassle-free investment. SOLID RETURNS: With 100% Occupancy, enjoy a 7.6% cap rate offering immediate cash flow. IDEAL LOCATION: Positioned directly across from the Orillia Recreation Centre and near amenities, this building is one of Orillia's most desirable office locations. GROWTH POTENTIAL: Located in an intensification node, anticipate capital appreciation with the city's forthcoming gentrification. Abutting 19.69 acre land also available as portfolio sale, along with another 23,477sf Orillia office building.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 174 West Street S, Orillia, ON L3V 6L4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Orillia.
About Purchasing a Home in Orillia, ON
For a property listed at $9,450,000 in Orillia, the legal minimum down payment is $1,890,000 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 $222,725 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 $222,725.
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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.