$2,599,000
263 Canice St
Orillia, ON L3V 4J4
263 Canice St, Orillia — Listed at $2,599,000. 12 bedroom, 12 bathroom 2-Storey Multiplex. MLS® S13075776.
Possession · seller's timeline
30/60/TBA (Flexible)
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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 Details
Property Insights
Listing Courtesy of: GRANGE HALL REALTY INC.
MLS® #S13075776
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HouseIndex Take: 263 Canice Street
This multiplex (2-Storey) is located in the Orillia neighbourhood of Orillia.
The home offers 12 bedrooms, 12 bathrooms.
Features include a finished with walk-out basement, 12 parking spaces.
Additional details: lot dimensions of 125 × 105 feet.
Listed at $2,599,000 CAD with annual property taxes of $10,102.4 (2025).
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