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$2,299,000

235 Canice Street, Orillia, ON L3V 4J1

Orillia

Bedrooms
12
Bathrooms
7
Parking
8
Type
Multiplex
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About this listing

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

Days on market
23 days
Property taxes
$10,733/yr (2025)
Lot size
103.62 × 120 Feet
Style
2-Storey
Heating
Baseboard (Electric)
Cooling
Wall Unit(s)
Basement
Apartment, Finished with Walk-Out
Construction
Brick
Facing
West

Payment calculator

$459,800 (20%)
%
Estimated payment
$10,179 /mo
Mortgage amount
$1,839,200

Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.

Location

Walkability

View Walk Score, Transit Score & Bike Score

Walkability, transit, and bike-friendliness for 235 Canice Street, Orillia, ON L3V 4J1

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MLS# S12994258

Listed by GRANGE HALL REALTY INC.

On market since Apr 14, 2026

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About 235 Canice Street, Orillia, ON L3V 4J1

How much is 235 Canice Street, Orillia, ON L3V 4J1?

235 Canice Street, Orillia, ON L3V 4J1 is listed for $2,299,000 CAD.

How many bedrooms and bathrooms does 235 Canice Street, Orillia, ON L3V 4J1 have?

235 Canice Street, Orillia, ON L3V 4J1 has 12 bedrooms and 7 bathrooms.

What type of property is 235 Canice Street, Orillia, ON L3V 4J1?

235 Canice Street, Orillia, ON L3V 4J1 is a Multiplex.

What neighbourhood is 235 Canice Street, Orillia, ON L3V 4J1 in?

235 Canice Street, Orillia, ON L3V 4J1 is in Orillia, Ontario.

Is 235 Canice Street, Orillia, ON L3V 4J1 for sale or for rent?

235 Canice Street, Orillia, ON L3V 4J1 is currently for sale.

How do I book a showing for 235 Canice Street, Orillia, ON L3V 4J1?

Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 235 Canice Street, Orillia, ON L3V 4J1 (MLS# S12994258). You can also send a message through the contact form on this site.