235 CANICE STREET
Orillia, Ontario
MLS® S12994258
$2,299,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- S12994258
- Bedrooms
- 12
- Bathrooms
- 7
- Year built
- —
1 / 39Listing 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.
Property summary
- MLS® number
- S12994258
- Property type
- Multi-family
- Building type
- Other
- Land size
- 103.6 x 120 FT
- Annual property taxes
- $10,733.00
- Parking
- 8 spaces · No Garage
- Days on market
- 134 days
Features & details
- Heating
- Baseboard heaters, Electric
- Cooling
- Wall unit
- Basement
- Finished, Apartment in basement, Walk out, N/A, N/A
- Appliances
- Refrigerator, Dishwasher, Stove, Two Washers
- Exterior features
- Brick
What would this home cost you?
Based on the $2,299,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of GRANGE HALL REALTY INC., VAUGHAN.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.