263 Canice Street Orillia, Ontario L3V 4J4
$2,599,000
Incredible investment opportunity in Orillia. Fully occupied 12-unit apartment building with stable income from day one.The property generates approximately $189,322 annually and is supported by long-term, quality tenants. A well-balanced unit mix and strong occupancy make this a reliable asset with clear potential for future rent growth.One of the key advantages is the location. The building is within walking distance to the lakefront, parks, and scenic trails, offering easy access to nature, waterfront views, and outdoor activities. This lifestyle factor strongly attracts tenants and supports long-term demand.Located in a rapidly developing area, Orillia continues to grow, with expanding infrastructure and increasing interest from young professionals.This is a clean, straightforward investment with solid fundamentals, consistent cash flow, and long-term upside. (id:55499)
Property Details
| MLS® Number | S13075776 |
| Property Type | Multi-family |
| Community Name | Orillia |
| Parking Space Total | 12 |
Building
| Bathroom Total | 12 |
| Bedrooms Above Ground | 12 |
| Bedrooms Total | 12 |
| Appliances | Dryer, Two Stoves, Two Washers, Two Refrigerators |
| Basement Development | Finished |
| Basement Features | Walk Out |
| Basement Type | N/a (finished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 2,500 - 3,000 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 105 Ft |
| Size Frontage | 125 Ft |
| Size Irregular | 125 X 105 Ft |
| Size Total Text | 125 X 105 Ft |
Utilities
| Electricity | Installed |
https://www.realtor.ca/real-estate/29692664/263-canice-street-orillia-orillia
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May 04 2026 04:40:32
Toronto Regional Real Estate Board
Grange Hall Realty Inc.