19 Front Street, Orillia, ON
Property Highlights
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 $2,800,000 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
- Spacious lot size measured in Feet
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Exceptional Investment Opportunity in Downtown Orillia! This meticulously maintained property spans 12,336 sq ft across two levels with a wheelchair-accessible elevator. The main floor, a sprawling 6,168 sq ft, is vacant, offering endless possibilities for customization and expansion. Ascend to the second level to discover a prestigious AAA tenant occupying 4,317 sq ft, complemented by an additional 1,851 sq ft of vacant office space awaiting your vision. The property is equipped with modern comforts including forced-air gas heating, central air conditioning, and wheelchair-accessible facilities, promising comfort and convenience for occupants. 29 parking spaces and municipal sewer and water services. Recent updates, including a new roof in 2013 and upgraded HVAC units in 2023, speak to the commitment to quality and longevity. This property presents an unparalleled opportunity for investment or direct use. Zoned DS1, which allows Restaurants, Child Care, Fitness Centres, Schools, offices, and more. Could be developed into live-work units and more.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 19 Front Street, Orillia, ON L3V 4R6
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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 $2,800,000 in Orillia, the legal minimum down payment is $560,000 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 $56,475 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 $56,475.
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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.