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$ 2,299,000
Est. payment /mo
New
235 Canice ST Orillia, ON L3V 4J1
12 Beds
7 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Orillia
MLS Listing ID S12994258
Style 2-Storey
Bedrooms 12
Annual Tax Amount $10,733
Tax Year 2025
Property Sub-Type Multiplex
Property Description
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.
Location
Province ON
County Simcoe
Area Simcoe
Rooms
Family Room No
Basement Apartment, Finished with Walk-Out
Kitchen 7
Separate Den/Office 4
Interior
Interior Features None
Cooling Wall Unit(s)
Fireplace No
Heat Source Electric
Exterior
Parking Features Private
Pool None
Roof Type Shingles
Lot Frontage 103.62
Lot Depth 120.0
Total Parking Spaces 8
Building
Foundation Not Applicable
Others
ParcelsYN Yes
Listed by GRANGE HALL REALTY INC.
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