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ACTIVE LISTING

235 Canice Street

Orillia, ON L3V 4J1 · MLS® S12994258

$2,299,000List price
12Bedrooms
7Bathrooms
—Area (sq ft)
MultiplexProperty type

About this home

Exceptional opportunity to own a fully renovated 7-unit apartment building with high in-place income and excellent tenant profile. Completely occupied, this turnkey investment has been thoughtfully upgraded in 2023 with new doors, windows, flooring, water tank, modern appliances, and energy-efficient floor heating. A newly added retaining wall maximizes functionality by increasing available parking. The property includes 5 spacious 2-bedroom, condo-style apartments featuring wall A/C units and updated kitchens with dishwashers, one 1-bedroom apartment, and 1 bachelor. Designed for both tenant comfort and investor peace of mind, this well-maintained asset offers a compelling blend of stability, quality, and long-term growth potential. All tenants pay their own hydro. It is located within walking distance of the lake and marina.

Property details

Property typeResidential Freehold
Architectural style2-Storey
Parking spaces8
CoolingWall Unit(s)
Annual property tax10733

Listing and transaction history

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Available local context

Current IDX records for Orillia: 11 active sale listings, with asking prices ranging from $199,000 to $4,499,999.

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Nearby homes for sale

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Walkability and nearby amenities

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