Homula Realty Brokerage
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19 Front Street, Orillia, ON L3V 4R6

Office
$2,800,000

Exceptional Investment Opportunity in Downtown Orillia! This meticulously maintained property spans 12,336 sq ft across two levels with a wheelchair-accessible elevator. The main floor, a sprawling 6,168 sq ft, is vacant, offering endless possibilities for customization and expansion. Ascend to the second level to discover a prestigious AAA tenant occupying 4,317 sq ft, complemented by an additional 1,851 sq ft of vacant office space awaiting your vision. The property is equipped with modern comforts including forced-air gas heating, central air conditioning, and wheelchair-accessible facilities, promising comfort and convenience for occupants. 29 parking spaces and municipal sewer and water services. Recent updates, including a new roof in 2013 and upgraded HVAC units in 2023, speak to the commitment to quality and longevity. This property presents an unparalleled opportunity for investment or direct use. Zoned DS1, which allows Restaurants, Child Care, Fitness Centres, Schools, offices, and more. Could be developed into live-work units and more.

MLS number
S13518506
Type
Office
Status
Active
Bedrooms
Bathrooms
Postal code
L3V 4R6
Photos
10
Property tax
$30,386 / year
71days · 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

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Keystone Montessori SchoolElementary383 mNot reported
Lions Oval Public School
Simcoe County DSB
Elementary855 m5.8 / 10
58% met the standard
Monsignor Lee Separate School
Simcoe Muskoka CDSB
Elementary1.1 km6.5 / 10
65% met the standard
Orillia Christian SchoolElementary1.8 kmNot reported
Regent Park Public School
Simcoe County DSB
Elementary1.8 km4.9 / 10
49% met the standard
Orchard Park Elementary School
Simcoe County DSB
Elementary1.8 km6.8 / 10
68% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 411 people.

$46,400Median household income
18.4%Own their home
20.8%Detached houses
57.2Median age
8%Born outside Canada
18.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35431185 — the few blocks around this address, home to 411 people. It describes the area, not this property.

411Population
50.4Average age
1.7Household size
$58,800Average household income
$46,400Median household income
18%Own their home
82%Rent
6%Condominiums
8%Born outside Canada
18%University degree
$620,000Average home value
26%Low income
32%Never married
$10,000 to $14,9994%
$15,000 to $19,9992%
$20,000 to $24,99911%
$25,000 to $29,9998%
$30,000 to $34,9998%
$35,000 to $39,9996%
$40,000 to $44,9994%
$45,000 to $49,9996%
$50,000 to $59,99913%
$60,000 to $69,9994%
$70,000 to $79,9996%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over11%
$100,000 to $124,9996%
$150,000 to $199,9992%
$200,000 and over4%

Percentages are of the 265 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

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

$560,000 · minimum here is $560,000
$12,397.79per month
Borrowed before insurance$2,240,000
Total borrowed$2,240,000
Interest over 25 years at 4.5%$1,479,338

If you rented it out

-$14,929.96per month out of pocket
Rent$0.00
Everything it costs to hold$14,929.96
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 RIGHT MOVE. Listing data provided by the Toronto Regional Real Estate Board.