Orillia, ON L3V 4T5,32 Matchedash ST N
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Orillia, ON L3V 4T5,32 Matchedash ST N
Orillia, ON L3V 4T5,32 Matchedash ST N
Orillia, ON L3V 4T5,32 Matchedash ST N
Orillia, ON L3V 4T5,32 Matchedash ST N
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$ 1,750,000
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32 Matchedash ST N Orillia, ON L3V 4T5

5 Baths


UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Subdivision Orillia

MLS Listing ID S12569482

Annual Tax Amount $11,604

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

CASH FLOW FROM DAY 1: Here is your chance to add a Freehold, Mixed Use, Multiplex to your portfolio. Located just minutes from Orillia's Growing, Vibrant Waterfront, this well maintained, HANDS OFF INVESTMENT property with LOW ANNUAL EXPENSES, features FIVE INCOME PRODUCING UNITS with long term, stable tenants, making it the perfect addition or start to an investment portfolio. Unit Details - SUITE 101: Main Level Commercial unit, Tenanted by Salon - SUITE 102: Main Level Commercial Unit, Tenanted by Law Office - UNIT A: Second Level Residential Unit, 3 Bedrooms, 1 Bathroom - UNIT B: Lower Level Residential Unit, 2 Bedroom, 1 Bathroom, Tenanted by same Law Office - UNIT C: Lower Level Residential Unit, 1 Bedroom, 1 Bathroom - Possibility to subdivide a commercial unit into a 6th unit. Additionally, the property features a Newly Paved Parking Lot (2023) with 15 parking spaces, and over $100,000 worth of upgrades and updates since 2022, including a renovation in Suite 102, Unit B, and Unit C (2025). This property stands out from the rest with its strong tenant mix with long term, reliable occupants, future development options, ideal location just seconds from the waterfront, staple amenities and stores. This is a rare opportunity to purchase a cash flow positive investment early into the gentrification and growth of an established city.

Location

State ON

County Simcoe

Community Orillia

Area Simcoe

Interior

Heating Yes

Cooling Yes

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Lot Frontage 65.44

Lot Depth 100.02

Building

Building Age 31-50

Others

Security Features No

ParcelsYN No


Listed by RIGHT AT HOME REALTY
Philip Ramos

Philip Ramos

+1(647) 973-7355

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32 Matchedash ST N