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116 Albert Street S
Orillia Orillia L3V 5L2

$649,000 /For Sale
Commercial

Main Photo: 116 Albert Street S: Orillia Commercial for sale : MLS®# S12723936
Status:
Active
Prop. Type:
Commercial
MLS® Num:
S12723936
Fantastic opportunity to own an affordable investment property generating almost $50K income with significant upside! Legal 3-plex has seen numerous improvements including new roof (2024), new eaves troughs (2025), two major suite modernizations in 2022 and 2025. Located in desirable and lucrative downtown Orillia! Within very close proximity to shopping, grocery, hospital, lake, and bustling downtown core! Listed together with 80 James St E (4 Suites). Can be bought together or separately.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
6070 sq. ft. Square Feet
Total Area:
6,070 sq. ft.
Lot Depth:
88'6"
Lot Frontage:
66'
Water supply:
Municipal
Zoning:
Legal non conforming 3-plex
Heating type:
Gas Forced Air Open
Garage:
Outside/Surface
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
Annual
Taxes:
$3,326 / 2025
Assessment:
$- / -
Simcoe
Orillia
Orillia
Utilities:
Yes
Air Conditioning:
Partial
Seller Property Info Statement:
No
Category:
Apartment
Date Listed:
Jan 23, 2026
  • Photo 1: 116 Albert Street S: Orillia Commercial for sale : MLS®# S12723936
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Listed by STONEBANK REAL ESTATE LTD.
Data was last updated January 23, 2026 at 06:15 PM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.