For sale 49$2,299,000
235 Canice Street
Orillia, Ontario L3V4J1
For sale· Added
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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