235 Canice Street Orillia, Ontario L3V 4J1
$2,299,000
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:63203)
Property Details
| MLS® Number | S12994258 |
| Property Type | Multi-family |
| Community Name | Orillia |
| Parking Space Total | 8 |
Building
| Bathroom Total | 7 |
| Bedrooms Above Ground | 8 |
| Bedrooms Below Ground | 4 |
| Bedrooms Total | 12 |
| Appliances | Dishwasher, Stove, Two Washers, Refrigerator |
| Basement Development | Finished |
| Basement Features | Apartment In Basement, Walk Out |
| Basement Type | N/a, N/a (finished) |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 3,500 - 5,000 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 120 Ft |
| Size Frontage | 103 Ft ,7 In |
| Size Irregular | 103.6 X 120 Ft |
| Size Total Text | 103.6 X 120 Ft |
Utilities
| Electricity | Installed |
| Sewer | Installed |
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April 14 2026 04:45:56
Toronto Regional Real Estate Board
Grange Hall Realty Inc.