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214 Mississaga Street



+37
4
bed5
bath8
parking3000 - 3500
sqftMultiplex
$1,649,900
For Sale
75 days
on site$1,649,900

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Size
-
Lot size
10890 sqft
Street frontage
-
Possession
1-29 days
Price per sqft
$471 - $550
Taxes
$6,420 (2024)
Parking Type
-
Style
2-Storey
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Description
Are you an investor? Looking for an investment where the numbers finally work? 1) Presenting an exquisite 5-plex investment property where you have the opportunity to set your own rents, fully reimagined with meticulous attention to detail. This property boasts four legally recognized units, with the front of the house being gutted to the studs and rebuilt new, and the back half is newly built to the highest standards, with luxurious finishes. 2) Step into each unit and be welcomed by stunning kitchens, outfitted with top-of-the-line stainless steel appliances and stylish cabinetry. The renovations extend to every aspect of the units, including individual air conditioning units, in-suite washers and dryers, and elegantly appointed bathrooms with towel warmers. And Triple-glazed front windows ensure quiet interiors, even with the property's prime location. 3) This property is approved for short-term rental and meets all requirements, fully compliant with the City of Orillia regulations. Units 1, 2, 3, and 4 are being offered fully furnished, and the property features a new metal roof, new upgraded flooring, new floor joists, new electrical, new plumbing, spray foam insulation, a high-end security camera system, and a sprinkler system, ensuring peace of mind and energy efficiency. 4) The property's separately metered 200-amp service allows for precise control over heating and hydro, facilitated by an energy-efficient on-demand hot water boiler with durable aluminum radiators for longevity. State-of-the-art access control technology enables remote management, making ownership effortless. 5) Situated in the heart of the city, directly across from the hospital, this property benefits from HC2 zoning, permitting a wide range of uses and offering excellent potential for future development. This 5-plex is more than just a place to live - it's an exceptional investment opportunity where every detail has been crafted to offer both luxury and practicality.
Broker: Royal LePage Quest
MLS®#: S12031330
Property details
Parking:
8
Parking type:
-
Property type:
Multiplex
Heating type:
Water
Style:
2-Storey
MLS Size:
3000-3500 sqft
Lot front:
66 Ft
Lot depth:
165 Ft
Listed on:
Mar 20, 2025
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Instant estimate:
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$124,675
lower than listed pricei
High
$1,601,487
Mid
$1,525,225
Low
$1,448,964
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About 214 Mississaga Street
214 Mississaga Street is an Orillia multiplex for sale. It has been listed at $1649900 since March 2025. This 3000-3500 sqft multiplex has 4 beds and 5 bathrooms.
Groceries can be found at Ingles J Dr which is a short walk and you'll find Orillia Paediatric Teaching only steps away as well. Interested in the arts? Look no further than R Vandermeer Fine Arts and Orillia Museum of Art & History.
For those residents of 214 Mississaga St W, Orillia without a car, you can get around rather easily. The closest transit stop is a Bus Stop (Mississaga St. West / Fredrick St.) and is nearby connecting you to Orillia's public transit service. It also has route West Ridge Via Old Barrie Road nearby.
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