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    For Sale - 263 Canice Street, Orillia, Ontario

    Est payment $12,480/mo
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    Views   3
    Time on Jump  112 day

    AI Summary *

    • 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

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    Listing Agency:  GRANGE HALL REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    263 Canice Street
    Orillia , Ontario
    12 12 $2,599,000
    Get more info