263 Canice Street

Orillia, Orillia, L3V 4J4
For Sale
27.90 BTC
263 Canice Street, Orillia
263 Canice Street
263 Canice Street
263 Canice Street
263 Canice Street
263 Canice Street
263 Canice Street
263 Canice Street
263 Canice Street
263 Canice Street
263 Canice Street
263 Canice Street
263 Canice Street
263 Canice Street
263 Canice Street
263 Canice Street
263 Canice Street
263 Canice Street
263 Canice Street
12
BEDROOMS
12
BATHROOMS
12
KITCHENS
36
ROOMS
S13075776
MLSID
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Property Description
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.
Property Features
None
Property Details
Property Type
Multiplex
Lot Size
125' x 105'
Taxes
$19,362 (2025)
Basement
Finished with Walk-Out
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
12
Garage Type
None
Listing contracted with Grange Hall Realty Inc.
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