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:61852)
Property Details
| MLS® Number | S12994258 |
| Property Type | Multi-family |
| Community Name | Orillia |
| ParkingSpaceTotal | 8 |
Building
| BathroomTotal | 7 |
| BedroomsAboveGround | 8 |
| BedroomsBelowGround | 4 |
| BedroomsTotal | 12 |
| Appliances | Dishwasher, Stove, Two Washers, Refrigerator |
| BasementDevelopment | Finished |
| BasementFeatures | Apartment In Basement, Walk Out |
| BasementType | N/a, N/a (finished) |
| CoolingType | Wall Unit |
| ExteriorFinish | Brick |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 2 |
| SizeInterior | 3500 - 5000 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 120 Ft |
| SizeFrontage | 103 Ft ,7 In |
| SizeIrregular | 103.6 X 120 Ft |
| SizeTotalText | 103.6 X 120 Ft |
Utilities
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29600026/235-canice-street-orillia-orillia
Interested?
Contact us for more information
Joseph Morriello
Broker of Record
10933 Jane Street
Vaughan, Ontario L6A 1S1
Dragana Baturan
Broker
10933 Jane Street
Vaughan, Ontario L6A 1S1
Christian Teti
Salesperson
10933 Jane Street
Vaughan, Ontario L6A 1S1
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April 14 2026 04:45:56
Toronto Real Estate Board
Grange Hall Realty Inc.