8 Westmount Drive

Orillia, L3V 6C9
FOR SALE
$999,900
8 Westmount Drive, Orillia
8 Westmount Drive
8 Westmount Drive
8 Westmount Drive
8 Westmount Drive
8 Westmount Drive
8 Westmount Drive
8 Westmount Drive
8 Westmount Drive
8 Westmount Drive
8 Westmount Drive
8 Westmount Drive
8 Westmount Drive
8 Westmount Drive
8 Westmount Drive
8 Westmount Drive
8 Westmount Drive
8 Westmount Drive
8 Westmount Drive
8 Westmount Drive
Investment
CATEGORY
5,078 Sq Ft
TOTAL AREA
S12575736
MLSID
Contact Us
Property Description
PRIME DOWNTOWN ORILLIA INVESTMENT OPPORTUNITY! Exceptional mixed-use property at the high-traffic corner of Mississaga St & Westmount Drive offers unbeatable visibility and cash flow potential. This fully-leased investment features 4 total units with 2 commercial spaces and 2 residential apartments, all occupied by quality long-term tenants ensuring stable income from day one. The main building houses a thriving ground-floor commercial business with 2 apartments above generating consistent rental income, while the secondary building contains a commercial unit with garage storage and is strategically designed with structural support for future second-floor expansion creating incredible value-add opportunity. Currently profitable with excellent upside through the pre-planned second story addition, this property allows you to expand your revenue stream while building equity in this prime downtown location. The property boasts a 20+ car paved parking lot with professional striping and has been meticulously maintained by caring long-term owners. Perfect for savvy investors seeking immediate cash flow plus future growth potential in Orillia's vibrant downtown core, the combination of established income, quality tenants, ample parking, and expansion possibilities makes this a rare find in today's market with maximum exposure at this premium corner location.
Property Details
Address
8 Westmount Drive
Community
Postal Code
L3V 6C9
Property Type
Investment, Investment
Days On Market
41
Use
Office
Zoning
C2
Lot Size
83' x 184'
Total Area
5,078 Sq Ft
Acreage
15,295.0 Feet
Taxes
$10,337 (2024
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
Single Detached
Listing contracted with Real Broker Ontario Ltd.
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