ESTATE SALE - A Rare Opportunity in the Heart of Historic Orillia! Offered for the first time in generations, this cherished family home was lovingly built by the original family in 1946 and has remained in the same family ever since. Now ready for its next chapter, this property is brimming with potential for renovators, investors, and buyers looking to build equity. Situated on a generous corner lot at Frederick Street and McKinnell Street, the property offers exciting potential for severance (buyer to complete their own due diligence). With two separate driveways-one on Frederick Street and one on McKinnell Street-there is ample parking and excellent access. Inside, you'll find a spacious layout featuring 3 bedrooms, 1 bathroom, a large kitchen and dining area, and original oak strip hardwood flooring throughout much of the main level, just waiting to be restored to its former beauty. A new roof was installed in 2024, providing an excellent head start on renovations. The full, unfinished basement offers endless possibilities for additional living space, a recreation room, workshop, or hobby area. Water and sewer connections are already in place, creating the potential to add a future basement bathroom. Whether you're a handy homeowner looking to transform a solid home into your dream property, or an investor seeking a rental opportunity while exploring the property's future development potential, this is a rare chance to unlock exceptional value. Located in the heart of Old Orillia, you'll enjoy being just minutes from the hospital, shopping, schools, parks, beaches, the recreation centre, and all the amenities that make this historic neighbourhood so desirable.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Approx. Age:
51-99
Total Approx Floor Area:
1100-1500
Lot Size:
Not Applicable
Lot Depth:
131'7"40.1 m
Lot Frontage:
81'7"24.9 m
Direction Faces:
East
Bedrooms:
3
Bathrooms:
1.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
3
Kitchens Above Grade:
1
Rooms Above Grade:
6
Fractional Ownership:
No
Zoning:
R2
Assignment:
No
Heating type:
Forced Air
Heating Fuel:
Oil
Foundation:
Concrete Block
Roof:
Asphalt Shingle
Basement:
Full, Unfinished
Fireplace/Stove:
No
Garage:
Carport
Garage Spaces:
2.0
Parking Features:
Private Double
Parking Spaces:
6
Total Parking Spaces:
8.0
Family Room:
No
Possession Details:
Immediate
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Assessment:
$235,000
Assessment Year:
2026
Development Charges Paid:
Unknown
Taxes:
$3,553 /
2025
Assessment:
$235,000.00 /
2026
Simcoe
Orillia
Orillia
Water Meter
Please Note: This is an Estate Sale and is being sold "As Is, Where Is." The Estate Trustee makes no warranties or representations of any kind regarding the property or its condition. Buyers are encouraged to conduct their own inspections and satisfy themselves as to all aspects of the property, including any future development or severance potential.Opportunity is knocking-bring your vision and discover the possibilities waiting at 79 Frederick Street!
Data was last updated August 9, 2026 at 11:15 PM (UTC)
Area Statistics
Listings on market:
167
Avg list price:
$689,000
Min list price:
$285,000
Max list price:
$4,499,999
Avg days on market:
37
Min days on market:
1
Max days on market:
727
These statistics are generated based on the current listing's property type
and located in
Orillia. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.