For Sale

235 Canice Street

Orillia, Orillia, ON, L3V 4J1

$2,299,000

Bedrooms8 + 4
Bathrooms7
Property typeDuplex / Multiplex
Parking8
BasementApartment, Finished with Walk-Out
Approx. sizelarge
Lot103.62 × 120 Feet
Taxes$10,733 (2025)

About this property

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.

Features

  • None

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Estimates only, for information purposes. Calculations assume a fixed rate compounded semi-annually and do not include property taxes, condo fees, insurance or closing costs. Actual rates, payments, insurance premiums and eligibility are set by your lender; consult a licensed mortgage professional.

Listing information

Listing brokerage: GRANGE HALL REALTY INC.

Listing information is provided under licence from the listing brokerage and the applicable real estate board and is deemed reliable but not guaranteed.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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