view of front of house featuring a front yard and brick siding Features: lawn, brick siding, stoop, concrete foundation

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view of property exterior featuring a lawn and brick siding Features: brick siding, lawn, concrete foundation, downspout, gutters

staircase featuring carpet flooring Features: carpet, stairs, drywall, baseboards wall, natural light

stairs featuring baseboards Features: baseboards wall, fire extinguisher, drywall, stairs

stairs with wood finished floors Features: wood finish floor, baseboards wall, stairs, drywall

laundry room featuring water heater, light wood finished floors, and independent washer and dryer Features: drywall, basement, laundry, wood finish floor, separate washer dryer, water heater

community laundry with separate washer and dryer and electric panel Features: electric panel, laundry, separate washer dryer

stairway with baseboards and carpet floors Features: baseboards wall, drywall, stairs, carpet, fire extinguisher

view of stairs Features: high ceiling, natural light, drywall, stairs

kitchen featuring stainless steel appliances, modern cabinets, open shelves, recessed lighting, and light wood finish cabinets Features: stone countertops, range oven, backsplash, range hood, natural light, recessed lighting, flat panel cabinets, wood finish floor, refrigerator, light brown cabinets, open shelves

kitchen featuring stainless steel appliances, modern cabinets, exhaust hood, and light wood finish cabinets Features: range oven, drywall, baseboard radiator, backsplash, flat panel cabinets, light brown cabinets, range hood, dishwasher, natural light, sink, recessed lighting, stone countertops

kitchen with stainless steel dishwasher, modern cabinets, plenty of natural light, and electric range Features: natural light, pendant lighting, drywall, dishwasher, range hood, recessed lighting, light brown cabinets, range oven, flat panel cabinets, sink, medium brown cabinets, stone countertops

full bath featuring a shower with curtain and vanity Features: mirror, baseboard radiator, full bathroom, drywall, sink, natural light, vanity, shower

full bath with vanity, a baseboard heating unit, healthy amount of natural light, and a shower with curtain Features: mirror, shower, tile floor, toilet, full bathroom, natural light, baseboard radiator, vanity, sink, drywall

hallway featuring baseboards and light wood finished floors Features: drywall, wood finish floor, baseboards wall, tv, upstairs landing

living room with light wood finished floors, recessed lighting, and a textured ceiling Features: wall mounted ac, wood finish floor, recessed lighting, drywall, tv, textured ceiling, natural light

kitchen featuring a breakfast bar, light countertops, stainless steel electric range oven, open floor plan, and light wood-type flooring Features: range hood, pass through window, kitchen bar, natural light, light brown cabinets, opens to living area, textured ceiling, recessed lighting, countertops, range oven, wood finish floor, drywall

living room with plenty of natural light Features: wood finish floor, drywall, tv, baseboards wall, natural light, textured ceiling

living room featuring light wood finished floors and a textured ceiling Features: textured ceiling, tv, drywall, natural light, baseboards wall, wood finish floor

hallway with baseboards and light wood-style floors Features: drywall, upstairs landing, baseboards wall, tv, wood finish floor

office area featuring light wood-style flooring and a textured ceiling Features: office area, textured ceiling, drywall, wood finish floor, baseboards wall

corridor with light wood-style flooring and recessed lighting Features: wood finish floor, drywall, recessed lighting, natural light, baseboards wall

bedroom with two closets and baseboards Features: baseboards wall, drywall, two closets

bedroom with light wood finished floors Features: drywall, wood finish floor, baseboards wall

bedroom featuring light wood-type flooring Features: wood finish floor, natural light, drywall

bedroom with light wood-style flooring Features: natural light, wood finish floor, drywall, office area, tv

bedroom with light wood-style floors and baseboards Features: wood finish floor, drywall, baseboards wall, natural light

bedroom with light wood-style floors and baseboards Features: baseboards wall, drywall, wood finish floor, natural light

view of home's community Features: lawn, fence

view of apartment building / complex Features: fence, stairs, apartment complex view

view of patio / terrace Features: fence, playground, balcony, stairs

aerial view of property and surrounding area

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For Sale - 235 Canice Street, Orillia, Ontario

235 Canice Street

Orillia , Ontario

12 7 $2,299,000

Est payment $11,040/mo

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Time on Jump 131 day

AI Summary *

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.

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Purchase Price

Term

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Down Payment:
$ 114,950 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

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

Extras

Subtype MultiplexIndoor Features NoneOwnership FreeholdBasement Apartment, Finished with Walk-OutFoundation Not ApplicableHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

Market Info

Parking 8.00

Listing Agency:
GRANGE HALL REALTY INC.

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Listing Agency:
GRANGE HALL REALTY INC.

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For Sale - 235 Canice Street, Orillia, Ontario

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