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ACTIVE LISTING

263 Canice Street

Orillia, ON L3V 4J4 · MLS® S13075776

$2,599,000List price
12Bedrooms
12Bathrooms
—Area (sq ft)
MultiplexProperty type

About this home

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 typeResidential Freehold
Architectural style2-Storey
Parking spaces12
CoolingNone
Annual property tax19362.37

Listing and transaction history

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Available local context

Current IDX records for Orillia: 11 active sale listings, with asking prices ranging from $199,000 to $4,499,999.

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Nearby homes for sale

Active listings within Orillia, ordered by similarity in asking price. These are not verified comparable sales.

Walkability and nearby amenities

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