235 Canice Street, Orillia, ON L3V 4J1, Orillia, ON, L3V 4J1
MLS: S12994258 | Multiplex
$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.
Quick Facts
- Property Type: Multiplex
- Style: 2-Storey
- Bedrooms: 12 (8 above, 4 below)
- Bathrooms: 7
- Parking: 8.0 spaces (Private)
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
- Cooling: Wall Unit(s)
- Basement: Apartment, Finished with Walk-Out
Exterior & Construction
- Style: 2-Storey
- Roof: Shingles
- Construction: Brick
- Foundation: Not Applicable
- Sewer: Sewer
Lot & Land
- Pool: None
Community & Neighbourhood
- Neighbourhood: Orillia
Listing Information
Listing History
Sold history, price changes, and days-on-market are reserved for registered users.
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Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
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235 Canice Street, Orillia, ON L3V 4J1, Orillia, ON, L3V 4J1