339 Gill Street, Orillia

$449,990
339 Gill Street

$449,990

New
8d
Detached2-Storey

339 Gill Street, Orillia

Total Monthly Obligation $2,385

Beds
0
Baths
0
Park
1
Sqft
< 700
DOM
8d
Score
20
Yield
5.1%
Cash on Cash
-2.4%
Cap Rate
4.1%
5Y IRR
13.6%
10Y IRR
13.1%
Property Type-Detached
MLS® Number-S14081404
Beds-0
Size-< 700 sqft
Lot Size-80.01 × 139.27 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$2,336.01 (2025)
Parking-2 - Detached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX EXPERTS
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Unknown
Sewer-Sewer
Possession-30/60/TBA
Neighbourhood-Orillia
Title-Residential Freehold

No agent assigned

Attention Builders, Developers And Investors! Excellent Residential Redevelopment Opportunity At 339 Gill Street In Orillia! Situated On A Corner Lot In An Established Residential Neighbourhood, This Property Offers Significant Potential For Future Intensification. The City's Proposed New Official Plan Identifies The Gill Street Area For Evolving Residential Development, Contemplating A Broader Range Of Housing Options Including Townhouses, Multiple-Unit Residential Dwellings And Low-Rise Apartment Buildings, Together With Certain Small-Scale Commercial And Live-Work Uses. Conveniently Located Near Downtown Orillia, Shopping, Schools, Transit And The Waterfront. Property Is Currently Zoned R3. All Redevelopment Opportunities Are Subject To Applicable Planning Policies, Zoning, Floodplain Requirements, Municipal Approvals And Servicing Capacity. Buyers To Complete Their Own Due Diligence. Structures Are Not Livable.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$359,992
Land Transfer Taxes$5,475
Legal Fees (Est.)
$
Total cash required for closing$96,973

Total Monthly Obligation

$2,385/mo
Mortgage $1,815
Monthly Loss $1,907
Principal$478
Interest$1,337
Property Tax$195
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-8.4%1
5-Year IRR
9.1%29
10-Year IRR
9.9%
Returns Index
15.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$22,800/yr
NOI
$13,684/yr
Net Cash Flow
-$675/mo
Cash Margin
-35.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo70
Risk Index
31.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 339 Gill Street

Time

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Data last updated within the past 24 hours.