HomeOrillia235 Canice Street

For Sale

235 Canice Street, Orillia, ON L3V 4J1

$2,299,000

235 Canice Street, Orillia — MLS S12994258
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Beds
8+4
Baths
7
Sqft
3500-5000
Type
Multiplex
Style
2-Storey
Parking
8
Heating
Baseboard
A/C
Wall Unit(s)
Basement
Apartment, Finished with Walk-Out
MLS®
S12994258

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.

This multiplex sits in Orillia, in Orillia. Orillia sits between Lake Couchiching and Lake Simcoe with a walkable downtown, a growing arts scene, and some of the region’s most approachable price points.

Browse more on our Orillia community page, or see every local listing at our listings search.

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Listing courtesy of GRANGE HALL REALTY INC..

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