According to OPP, the collision occurred around 4:30 p.m. at the intersection of Colborne Street (County Road 121) and Francis Street.
Police say the pedestrian was transported to hospital where they were pronounced deceased.
Colborne Street was closed between Helen and Bond streets as OPP investigated.
UPDATE Friday, July 29:
On Friday afternoon, OPP identified the victim as Robert Geroux, 61, of Fenelon Falls.
OPP say the cause of the collision remains under investigation.
OPP are appealing to any witnesses to call them at 1-888-310-1122 or Crime Stoppers anonymously at 1-800-222-TIPS (8477).