Business For Sale · Specialty

80 COLDWATER ROAD W, Orillia

80 COLDWATER ROAD W, Orillia, ON L3V3L4

$699,000 total

1,998 SF

Asset Class

Specialty

Size

1,998 SF

Building class

C

Zoning

US — Urban Services

$ / SF

$350

Occupancy

100%

About this property

Position your business in one of Orillia's most visible and accessible locations. Situated directly across from Victoria Park and located on a public transit route, 80 Coldwater RoadWest offers an exceptional opportunity for professionals, entrepreneurs and investors seeking a distinctive property with excellent exposure, convenient access and on-site parking.The property's separate entrance provides valuable flexibility and could be well suited to a professional office, accounting or consulting practice, wellness studio, health and beauty business, personal service use or other client-focused operation. The generous 55.93 ft x197.75 ft lot includes parking for approximately five vehicles, a detached garage for additional storage or workspace and a fenced yard with further possibilities.The property also presents an exciting opportunity for a distinctive bed-and-breakfast. Its century-home character, spacious principal rooms, four bedrooms, multiple bathrooms and inviting covered front porch could create a memorable guest experience, while the oversized lot, on-site parking and convenient public-transit access add practical appeal. Located across from picturesque Victoria Park and within walking distance of downtown restaurants, shops, the waterfront, marina, trails and local attractions, the setting is ideally positioned for visitors wishing to experience Orillia.The well-maintained century home offers approximately four bedrooms, four bathrooms, spacious principal rooms, soaring ceilings, original architectural details and thoughtful updates. Its existing residential configuration also creates possibilities for a live-work arrangement, professional conversion or continued residential use.A rare opportunity to establish a prominent business presence while investing in a substantial in-town property with character, parking, accessibility and long-term potential. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$699K
Down payment30% · $210K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$48K

Annual cash flow

$9K

Cash-on-cash

4.48%

DSCR

1.24

Going-in cap

6.89%

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
Blue Harbour Design963 SF2033-02
Blue Harbour Design497 SF2033-02
Blue Harbour Design400 SF2033-02
Blue Harbour Design400 SF2033-02

Area demographics

Trade area within 3 miles of the property.

Population

123,795

Households

53,515

Median income

$94,000

Median age

45.7

Daytime population

204,841

5-yr growth

5.1%

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

Secure deal room

Confidential diligence documents for 80 COLDWATER ROAD W, 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.