For Sale - 263 Canice Street, Orillia, Ontario

Est payment $12,480/mo
Views   2
Time on Jump  64 day
  • Fully occupied 12-unit apartment building providing stable income from day one.
  • Generates approximately $189,322 annually with long-term, quality tenants.
  • Located near lakefront and parks, enhancing tenant appeal and demand.
  • Situated in a rapidly developing area with growing infrastructure.
  • Clean investment opportunity with solid fundamentals and potential for rent growth.



Incredible investment opportunity in orillia. Fully occupied 12-unit apartment building with stable income from day one. The property generates approximately $189,322 annually and is supported by long-term, quality tenants. A well-balanced unit mix and strong occupancy make this a reliable asset with clear potential for future rent growth. One of the key advantages is the location. The building is within walking distance to the lakefront, parks, and scenic trails, offering easy access to nature, waterfront views, and outdoor activities. This lifestyle factor strongly attracts tenants and supports long-term demand. Located in a rapidly developing area, orillia continues to grow, with expanding infrastructure and increasing interest from young professionals. This is a clean, straightforward investment with solid fundamentals, consistent cash flow, and long-term upside.
Listing IDS13075776
Address263 Canice Street
CityOrillia, Ontario
Price$2,599,000
Bed / Bath12 / 12 Full
Style2-Storey, Multiplex
ConstructionBrick
TypeMulti-Family
StatusFor Sale
Subtype MultiplexIndoor Features NoneOwnership FreeholdBasement Finished with Walk-OutFoundation UnknownHeating / Cooling RadiantHeating Fuel GasSewer Sewer
Parking 12.00
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Listing Agency:  GRANGE HALL REALTY INC.

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263 Canice Street
Orillia , Ontario
12 12 $2,599,000
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