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Multiplex for sale at 235 Canice Street, Orillia - 12 bedroom, 7 bathroom - Photo 1 of 38
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$2,299,000

235 Canice St

Orillia, ON L3V 4J1

235 Canice St, Orillia — Listed at $2,299,000. 12 bedroom, 7 bathroom 2-Storey Multiplex. MLS® S12994258.

Possession · seller's timeline

30/60/TBA (Flexible)

12Beds
7Baths
3500-5000sqft
Multiplex
2-Storey
8Parking
$10,733Taxes/yr · 2025

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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 Details

Property TypeMultiplex
Style2-Storey
CommunityOrillia
Rooms12+6
Kitchens7
Washrooms7
Square Feet3500-5000 sqft
Lot Dimensions103.62 × 120 ft
Fronting OnWest
Dir/Cross StCanice/Borland
Garage TypeNone
DrivePrivate
Parking Drive Spaces8
Total Parking Spaces8
ExteriorBrick
RoofShingles
FoundationNot Applicable
BasementApartment, Finished with Walk-Out
Heating TypeBaseboard
Heating SourceElectric
A/CWall Unit(s)
SewersSewer
Taxes (2025)$10,733
HSTIncluded In
Listed Date4/14/2026
Days on Market183 days
Possession30/60/TBA
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

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Listing Courtesy of: GRANGE HALL REALTY INC.

MLS® #S12994258

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

HouseIndex Take: 235 Canice Street

This multiplex (2-Storey) is located in the Orillia neighbourhood of Orillia.

The home offers 12+4 bedrooms, 7 bathrooms.

Features include a apartment, finished with walk-out basement, 8 parking spaces.

Additional details: lot dimensions of 103.62 × 120 feet.

Listed at $2,299,000 CAD with annual property taxes of $10,733 (2025).

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