263 CANICE STREET
Orillia, Ontario
MLS® S13075776
$2,599,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- S13075776
- Bedrooms
- 12
- Bathrooms
- 12
- Year built
- —
1 / 20Listing description
Incredible investment opportunity in Orillia. Fully occupied 12-unit apartment building with stable income from day one. The property generates approximately $189,322 annually and is supported by long-term, quality tenants.
A well-balanced unit mix and strong occupancy make this a reliable asset with clear potential for future rent growth. One of the key advantages is the location. The building is within walking distance to the lakefront, parks, and scenic trails, offering easy access to nature, waterfront views, and outdoor activities.
This lifestyle factor strongly attracts tenants and supports long-term demand. Located in a rapidly developing area, Orillia continues to grow, with expanding infrastructure and increasing interest from young professionals. This is a clean, straightforward investment with solid fundamentals, consistent cash flow, and long-term upside.
Property summary
- MLS® number
- S13075776
- Property type
- Multi-family
- Building type
- Other
- Land size
- 125 x 105 FT
- Annual property taxes
- $19,362.37
- Parking
- 12 spaces · No Garage
- Days on market
- 115 days
Features & details
- Heating
- Radiant heat, Natural gas
- Cooling
- None
- Basement
- Finished, Walk out, N/A
- Appliances
- Dryer, Two stoves, Two Washers, Two Refrigerators
- Exterior features
- Brick
What would this home cost you?
Based on the $2,599,000 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.