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For Sale · Office

40 PETER STREET S, Orillia

40 PETER STREET S, Orillia, ON L3V5A9

$1.5M total

3,958 SF

Asset Class

Office

Size

3,958 SF

Building class

C

Zoning

CB2 — Central Business

$ / SF

$378

Occupancy

88%

About this property

Prime downtown Orillia opportunity on a signature Peter St S / Colborne St E corner. This professionally repositioned 3,958 sq. ft. former bank branch has been transformed into a high-end, client-facing office featuring a stone-clad reception, glass-walled private offices, a boardroom, a spacious open work area, and an updated kitchen, all wrapped in a refreshed exterior. C4i zoning positions this corner for downtown intensification, and the property sits within walking distance of Orillia's planned downtown transit terminal - genuine long-term upside in the heart of Orillia. Ideal for a professional practice wanting a turnkey, prestige address, or an investor targeting downtown office / NNN lease income. A rare pairing of finished product and growth story. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $449K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.30%

DSCR

0.93

Going-in cap

5.15%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Aurora Legal LLP3,495 SF2027-11

Area demographics

Trade area within 3 miles of the property.

Population

110,105

Households

39,873

Median income

$118,500

Median age

36.1

Daytime population

134,701

5-yr growth

5.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 40 PETER STREET S, Orillia.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.