$2,299,000
 $12,342 est/mo Sourced by Back At You

235 Canice Street,Orillia, ON L3V4J1

Orillia, ON L3V4J1

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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:13843)

Details

MLS #S12994258
Listing TypeFor Sale
StatusActive
Days On Site130
Listing Provided ByGRANGE HALL REALTY INC. | JOSEPH MORRIELLO

Features

Bed(s)12
Bath(s) 7 Total
SQ Feet3,500
BasementY
Story(s)2

Interior

CoolingWall unit
HeatingBaseboard heaters, Electric
AppliancesRefrigerator, Dishwasher, Stove, Two Washers
Fireplace Yes / NoNo

Parking

Parking FeaturesNo Garage
Parking Total8

Utilities

UtilitiesSewer, Electricity
SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount10733
Tax Year2025

Area Information

ProvinceON
CityOrillia
Postal CodeL3V4J1
Listing VS Median (in L3V4J1)
Price:
$2,299,000
low | high
Med:
$2,299,000
50% of Average
sqft:
3,500
low | high
Med:
3,500
50% of Average
$ / sqft:
$657
low | high
Med:
$657
50% of Average
On site:
130
low | high
Med:
130
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityOrillia
Postal CodeL3V4J1
Listing VS Median (in L3V4J1)
Price:
$2,299,000
low | high
Med:
$2,299,000
50% of Average
sqft:
3,500
low | high
Med:
3,500
50% of Average
$ / sqft:
$657
low | high
Med:
$657
50% of Average
On site:
130
low | high
Med:
130
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.724M - $2.873M
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
263 CANICE STREET Property Photo 1
$2,599,000
263 Canice Street
Orillia, ON L3V4J4
Listing Updated: August 13, 2026 at 6:28:13 AM PDT