235 CANICE STREET, Orillia, Ontario, L3V4J1
MLS: S12994258 | Other
$2,299,000
Property Description
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. (id:64974)
Quick Facts
- Property Type: Other
- Bedrooms: 12 (8 above, 4 below)
- Bathrooms: 7
- Parking: 8.0 spaces (No Garage)
- Frontage: 104 ft (31.6 m)
Costs
- Annual Taxes: $10,733.00 (2025)
Listing Provided by: GRANGE HALL REALTY INC.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Baseboard heaters, Electric
- Cooling: Wall unit
- Basement: Finished, Apartment in basement, Walk out, N/A, N/A
- Appliances: Refrigerator, Dishwasher, Stove, Two Washers
- Utilities: Sewer, Electricity
Exterior & Construction
- Exterior: Brick
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Frontage: 104 ft (31.6 m)
Community & Neighbourhood
- Neighbourhood: Orillia
Listing Information
Listing History
MLS listing activity for 235 CANICE STREET, Orillia, Ontario, L3V4J1 — dates reflect when changes were recorded in the DDF
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
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235 CANICE STREET, Orillia, Ontario, L3V4J1