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235 CANICE STREET, Orillia

Property Overview - Other For sale

Price$ 2 299 000
MLS® #S12994258TypeOther
Bedrooms12 BedBathrooms7 Bath
Postal CodeL3V4J1

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.

Land Details

Size Frontage103
Size Depth120 ft
Lot size103.6 x 120 FT

Building Details

TypeOther
Property TypeMulti-family
Bathrooms Total7
Bedrooms Above Ground8
Bedrooms Below Ground4
Bedrooms Total12
Cooling TypeWall unit
Exterior FinishBrick
Heating FuelElectric
Heating TypeBaseboard heaters
Utility WaterMunicipal water


This listing of a Multi-family property For sale is courtesy of JOSEPH MORRIELLO from GRANGE HALL REALTY INC.