235 Canice St

Orillia, ON L3V 4J1
  • $2,299,000

    Price
  • 12

    Bed
  • 7

    Bath
  • 3,500

    SqFt

About the Listing 126200 -

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 Highlights

Status Active
Days on Site 3
Property Type Multi-Family
MLS ® S12994258
Year Built
Total Square Footage 3,500
Lot/Acreage N/A
County Simcoe
Neighborhood Orillia

Interior Details

  • Bedrooms: 12
  • Bathrooms: 7 Full
  • Appliances:
  • Air Cond: Wall Unit(s)
  • Heating: Electric
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Apartment,Finished with Walk-Out
  • Other: 7 Kitchens
  • Water:

Exterior Details

  • Garage Capacity: 1 car
  • Roof: Shingles
  • Others:
  • Sewer: Sewer
  • Parking Features: Private,No Garage

Financial Details

  • Tax Amount: $10,733
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 586640030
  • Tax Year: 2025

Payment Calculator

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Questions About..

235 Canice St Orillia, ON L3V 4J1

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