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)
| MLS # | S12994258 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 130 |
| Listing Provided By | GRANGE HALL REALTY INC. | JOSEPH MORRIELLO |
| Bed(s) | 12 |
|---|---|
| Bath(s) | 7 Total |
| SQ Feet | 3,500 |
| Basement | Y |
| Story(s) | 2 |
| Cooling | Wall unit |
|---|---|
| Heating | Baseboard heaters, Electric |
| Appliances | Refrigerator, Dishwasher, Stove, Two Washers |
| Fireplace Yes / No | No |
| Parking Features | No Garage |
|---|---|
| Parking Total | 8 |
| Utilities | Sewer, Electricity |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
| Tax Annual Amount | 10733 |
|---|---|
| Tax Year | 2025 |
| Province | ON |
|---|---|
| City | Orillia |
| Postal Code | L3V4J1 |
| Listing VS Median (in L3V4J1) | |
Price: $2,299,000 low | high Med: $2,299,000 sqft: 3,500 low | high Med: 3,500 $ / sqft: $657 low | high Med: $657 On site: 130 low | high Med: 130 | |
| Province | ON |
|---|---|
| City | Orillia |
| Postal Code | L3V4J1 |
| Listing VS Median (in L3V4J1) | |
Price: $2,299,000 low | high Med: $2,299,000 sqft: 3,500 low | high Med: 3,500 $ / sqft: $657 low | high Med: $657 On site: 130 low | high Med: 130 | |
![]() | $2,599,000263 Canice StreetOrillia, ON L3V4J4 |