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8906 Hwy 11 Road S, Severn, ON L3V 6H3

Commercial Retail
$1,050,000

High-Exposure Hwy 11 Commercial Property in the Township of Severn (Orillia Area) with Multiple Income Streams, Prime commercial property located directly on busy Highway 11 Rd Southbound Lane in Orillia, featuring exceptional visibility and traffic flow with three separate access points: Two entrances directly from Hwy 11, one additional access from Ego Sideroad, Currently 8 out of 10 bachelor units generating over $7,000/month. On-site owner's residence *** Active TSSA licence for Gas station (no supplier contract) with convenience store, Active restaurant licence - ready to open at any time *** Positive cash flow, operating 7 days a week, TankTek reports available, Newer roof (2024), Minutes to downtown Orillia, Lake Couchiching, and Casino Rama. High-traffic location benefiting from tourism and steady population growth. Ideal for investors or owner-operators seeking a turn-key, income-producing commercial property with multiple revenue streams, high exposure, and future upsides. No VTB, environment reports, or financial statements available.

MLS number
S13082614
Type
Commercial Retail
Status
Active
Bedrooms
Bathrooms
12
Postal code
L3V 6H3
Photos
1
Property tax
$8,051 / year
130days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$210,000 · minimum here is $80,000
$4,649.17per month
Borrowed before insurance$840,000
Total borrowed$840,000
Interest over 25 years at 4.5%$554,752

If you rented it out

-$5,320.09per month out of pocket
Rent$0.00
Everything it costs to hold$5,320.09
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX EXCEL REALTY LTD.. Listing data provided by the Toronto Regional Real Estate Board.