390 W Mississaga Street W, Orillia, ON L3V 3C5
Orillia · Near Woodside Dr. & Mississaga St. W · View map
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.
The home
- Type
- Bungalow
- Style
- Bungalow
- Square footage
- 700-1100 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 1
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 7
- Basement
- Partially Finished
- Lot size
- 91.8 x 114.6 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Aluminum Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Carport
- Driveway spaces
- 2
- Total parking
- 3
- Parking features
- Private, Tandem
Taxes & other
- Property taxes
- $3,265/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- 30
- Cross street
- Woodside Dr. & Mississaga St. W
- Neighbourhood
- Orillia
More
- Price per sq ft
- ~$717 (at 900 sq ft)
- Listed
- Sep 11, 2026 · 31 days ago
- MLS® number
- S13775546
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The home and its surroundings
- Carpet Free
- Primary Bedroom - Main Floor
- Water Heater Owned
- Hospital
- Marina
- School
- Canopy
- Deck
- Year Round Living
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
390 Mississaga Street, Orillia, ON L3V 3C5
Orillia · Near Woodside Dr. & Mississaga St. W
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Listing history for 390 Mississaga Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 390 W Mississaga Street W
Answers come straight from this home’s MLS® listing.
How much is 390 W Mississaga Street W listed for, and what would it cost each month?
390 W Mississaga Street W is listed for $645,000. With 20% down ($129,000), the mortgage payment would be roughly $2,602 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,874 a month, all in. That figure is an illustration, not a quote.
Is 390 W Mississaga Street W freehold or a condo, and is there a monthly fee?
390 W Mississaga Street W is a bungalow in Orillia. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 390 W Mississaga Street W have?
390 W Mississaga Street W has 3 bedrooms, plus 1 more bedroom in the basement, and 2 bathrooms.
Does 390 W Mississaga Street W have a garage and parking?
Yes. The listing shows the garage as carport. The driveway adds 2 spaces. In total the listing counts 3 parking spaces.
Does 390 W Mississaga Street W have a finished basement?
The listing describes the basement as partially finished. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown.
What style of home is 390 W Mississaga Street W?
390 W Mississaga Street W is a bungalow. A bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.
How big is 390 W Mississaga Street W, and what is the lot size?
The listing puts the home between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 91.8 x 114.6 ft.
How is 390 W Mississaga Street W heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 390 W Mississaga Street W?
Property taxes are $3,265 a year (2026), or about $272 a month.
Where is 390 W Mississaga Street W?
390 W Mississaga Street W is in Orillia. The nearest main intersection is Woodside Dr. & Mississaga St. W. The postal code is L3V 3C5.
How long has 390 W Mississaga Street W been on the market?
390 W Mississaga Street W was listed on September 11, 2026. It has been on the market for 31 days. It is an active listing (MLS® S13775546). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 390 W Mississaga Street W asking?
Similar bungalow-style homes for sale nearby right now include 442 Sundial Drive at $599,000 (3 bed), 59 Carter Crescent at $741,000 (3+1 bed) and 3111 Emperor Drive at $745,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 390 Mississaga Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 390 W Mississaga Street W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near Orillia, picked by style, size and price.
Bungalow$599,000442 Sundial Drive, Orillia3 bed · 2 bath · OrilliaCourtesy of: Royal LePage QuestView home →
Bungalow$741,00059 Carter Crescent, Orillia3+1 bed · 2 bath · OrilliaCourtesy of: FARIS TEAM REAL ESTATE BROKERAGEView home →
Bungalow$745,0003111 Emperor Drive, Orillia3 bed · 3 bath · OrilliaCourtesy of: RE/MAX RIGHT MOVEView home →Courtesy of: RE/MAX REALTY ENTERPRISES INC.
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.