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MLS® S12994258 · Listed by GRANGE HALL REALTY INC. Source: TRREB MLS®. THE AGENCY does not represent this listing.

$2,299,000

235 Canice Street, Orillia

MLS® S12994258 · 201 days on market

Multiplex for sale · 8+4 bed · 7 bath

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.

Property details

Sqft
3,500 to 5,000
Parking
8
Annual taxes
$10,733 (2025)
Basement
Apartment, Finished with Walk-Out
Style
2-Storey