For Sale: 390 Mississauga Street W, Orillia, ON - REW
Boost your listing
Listing featured. Your listing will be featured on REW.
View featured placement
$645,000
3 + 1 bd • 2 ba • 700 - 1100 sf • House
390 Mississauga Street W
Virtual TourStreet ViewDirections
$645,000
Get pre-approved

390 W Mississauga StreetOrillia, ON, L3V 3C5

  • 3 + 1 Bed
  • 2 Bath
  • 700 - 1100 Sqft
  • House

About this home

390 Mississauga St W, Orillia - Oversized R2 Lot with Severance & Value-Add Upside. An opportunity built for investors, builders, and value-add buyers. This 3-bedroom, 2-bathroom bungalow sits on a rare 90 x 114.75 ft lot - over 10,000 square feet, close to double the size of many neighbouring parcels - in an established, high-demand Orillia neighbourhood serviced by municipal water and sewer. The numbers tell the story. Recent comparable sales in the immediate area range to the high $700s, with 3-bedroom homes trading around $600,000 and typically selling within a month. The property currently carries low holding costs, with annual taxes near $3,300 - attractive for a buy, improve, and reposition strategy.The real upside is the land. With wide frontage and significant depth, the lot holds potential for a two-lot severance into two serviced R2 building lots, subject to City of Orillia approval - a path that could unlock aggregate land value well above a single as-is sale. Alternatively, hold and rent, or execute a cosmetic renovation to capture the spread between as-is pricing and updated comparables. Multiple exit strategies, one address: Value-add flip - refresh finishes, resell to the owner-occupier market or live in Sever & build - pursue consent for a second building lot (pending municipal approval) Buy & hold - solid bones, low carrying costs, strong rental demand near downtown and Lake Couchiching Built in 1964 with a functional single-level layout, full basement, and 2-car carport, this is a genuine land-and-location play in a market with proven, steady demand. Priced as-is to reflect its upside. Bring your strategy - book your private viewing today.
Listed by: Andre Frehn, Salesperson, RE/MAX REALTY ENTERPRISES INC.

Home facts and features

Price details
List Price
$645,000
Get Pre-Approved
Gross Taxes for 2026
$3,265
Home facts
Bedrooms
3 + 1
Full Bathrooms
2
Parking Spaces
3
Parking Details
Private, Tandem
Property Type
House
Lot Size
91 ft x 114 ft (10517 ft²)
Depth
114.63
Frontage
91.75
Exterior Finish
Aluminum Siding
Heating Type
Forced Air, Gas
Cooling
Central Air
Basement Details
Partially Finished
Features
Canopy, Deck, Hospital, Marina, School, Year Round Living
Agent details
Primary Agent
Andre Frehn
Primary Broker
RE/MAX REALTY ENTERPRISES INC.
Listing details
Days on REW
1 Day
MLS® Number
S13775546
Source
Toronto Real Estate Board
Is this your listing? Help it to stand out.

Mortgage Calculator

Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

Connect with our mortgage partner

REW Money

REW Money

REW Money

Connect with a mortgage expert

Connect to a mortgage specialist

REW Money
REW Money

They will connect with you to understand where you are in your journey and how they can best guide you.

  • %
Name*
Email*
Phone*
Purchase City*
What best describes your current situation?
Loan Details
Amortization
Years
Mortgage Amount
Down Payment

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase. Please note that our agent partners are not affiliated with REW Realty.

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

Harriett Todd Public School
  • Public
  • JK - 8
Twin Lakes Secondary School
  • Public
  • 9 - 12
Orillia Secondary School
  • Public
  • 9 - 12
ÉÉC Samuel-de-Champlain
  • Catholic
  • JK - 6
Lions Oval Public School
  • Public
  • JK - 8
Orchard Park Elementary School
  • Public
  • JK - 8
Orillia Campus School
  • Public
  • 9 - 12
Monsignor Lee School
  • Catholic
  • JK - 8
Patrick Fogarty Secondary School
  • Catholic
  • 9 - 12
Orillia Christian School
  • Private
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Report Incorrect Info
Full Name*
Email*
Select School
Reason

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase. Please note that our agent partners are not affiliated with REW Realty.
Thank You!
We really appreciate your help improving our home search experience. Our team will look into this issue as soon as possible.
Close

Cities near Orillia

Neighborhoods near Orillia

Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-09-12.
Call Agent
Salesperson
Andre Frehn
Phone:
(905) 601-8750
Office:
905-278-3500
Share this Property
Text Message
Share this Property
Recipient Email Address*
Your Name
Your Email Address*

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase. Please note that our agent partners are not affiliated with REW Realty.
We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss