59 MISSISSAGA Street W

Presenting 59 Mississaga Street West, located in Orillia's desirable downtown core. This prime real estate investment opportunity is zoned DS2, with endless usage possibilities (see attached docs), and has the ability to easily convert into a 4-plex (upon commercial tenant contract expiration). This century home has been maintained and cared for, and still reflects the old Orillia heritage look and feel. Current owner has put time and care into ensuring the new owners and tenants have peace of mind by investing in recent upgrades including: exterior facade, brick and foundation restoration, electrical upgrades, plumbing upgrades, new hot water tanks, new deck, and upper floor windows. Rental units have been renovated and upgraded in the last 3 years. Incredible long-term tenants in both commercial and residential spaces. One bedroom unit with balcony is vacant and ready for new tenants (Incredible rental rates and many professionals in need of housing in this bustling area). Respected and established law firm has practiced from this property for 10+ years! Large in-town lot offers ample parking, and each suite has stand alone AC unit. Located within walking distance to Orillias favourite hot spots/attractions such as: The Common Stove, Eclectic Cafe, The Orillia public Library, The Orillia Opera House, natural food/health stores, shopping and so much more! This is the time to invest in Orillias downtown hub where business is booming and the future is bright! (id:35071)