208 & 210 MEMORIAL Avenue, Orillia, ON
Property Highlights
Welcome to this remarkable commercial retail 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 $10,888,000 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 open heating
Description
Plaza + Vacant Lane For Sale 208 ( 0.477 Acres) and 210 ( 4.366 Acres) ! AN EXCEPTIONAL COMMERCIAL PROPERTY WITH LAND (C4 ZONING) on Memorial Ave in Heart of Orillia. Plaza with Outstanding Visibility Located At Trans-Canada Hwy/Memorial Ave With 4.843 Acres Of Irregularly Shaped Land. With Wide Range Zoning of Use, It Offers Countless Possibilities To Develop This Property And Land. This Standalone Commercial Structure Building Has The Capacity To Hold Large Capacity Within Its Approx 40,485 sq ft space. It Occupied With Many Long Term AAA/ Medical Tenants Making It Perfect For Investors And Developers Looking To Capitalize On The Area's Growth.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 208 & 210 MEMORIAL Avenue, Orillia, ON L3V 7V1
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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 $10,888,000 in Orillia, the legal minimum down payment is $2,177,600 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 $258,675 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 $258,675.
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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.