For Sale - 235 Canice Street, Orillia, Ontario

Est payment $11,040/mo
Views   1
Time on Jump  4 day
  • Fully renovated 7-unit apartment building with high in-place income.
  • Completely occupied, making it a turnkey investment opportunity.
  • Features 5 spacious 2-bedroom apartments and 1 bachelor unit.
  • Upgraded modern appliances and energy-efficient floor heating included.
  • Located near the lake and marina for added convenience.



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.
Listing IDS12994258
Address235 Canice Street
CityOrillia, Ontario
Price$2,299,000
Bed / Bath12 / 7 Full
Style2-Storey, Multiplex
ConstructionBrick
TypeMulti-Family
StatusFor Sale
Subtype MultiplexIndoor Features NoneOwnership FreeholdBasement Apartment, Finished with Walk-OutFoundation Not ApplicableHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer
Parking 8.00
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Listing Agency:  GRANGE HALL REALTY INC.

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235 Canice Street
Orillia , Ontario
12 7 $2,299,000
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