Scout N Secure

$2,299,000

Map

235 Canice Street

Orillia, Ontario L3V4J1

For sale· Added

8+4 bed7 bath3,500–5,000 sqft

About this home

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.

Location

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Property details

Listing

MLS® number
S12994258
Added
Apr 14, 2026 ()
Updated
May 4, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Other
Storeys
2

Inside

Bedrooms
8+4
Bathrooms
7
Heating
Baseboard heaters, Electric
Cooling
Wall unit
Fireplace
No
Appliances
Refrigerator, Dishwasher, Stove, Two Washers

Building

Basement
Finished, Apartment in basement, Walk out
Exterior
Brick
Parking
No Garage · 8 spaces

Land

Lot size
103.6 x 120 ft

Services

Water
Municipal water
Sewer
Sanitary sewer
Utilities
Sewer, Electricity

Location

Cross streets
Canice/Borland
Directions
235 Canice St.

Running costs

Annual property tax (2025)
$10,733

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$2,299,000
235 Canice Street
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