NewFor Sale

235 Canice Street
Orillia, Simcoe, ON, L3V 4J1

Multiplex
TRREB
MLS® Number: S12994258
Estimated Value
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$2,299,000List Price
8+4Bedrooms
7Bathrooms
0Garages
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Current valuation for 235 Canice Street, Orillia, ON L3V 4J1. Listed for $2,299,000 on 2026-11-02

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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.

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Summary

Tax:$10,733 / 2025
Listing #:S12994258
Property Type:Multiplex, 2-Storey
Size:3500-5000 feet²
Land Size:103.62 x 120
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:GRANGE HALL REALTY INC.

Rooms

Details

Property

Property Type:Multiplex
Style:2-Storey
Community:Orillia
Municipality:Simcoe

Building

Size:3500-5000 feet²
Construction:Brick

Inside

Bedrooms:8+4
Bedrooms Above Grade:8
Bathrooms:7
Bathrooms Detail:2, 4pc Ground floor
Bathrooms Detail:2, 4pc Second floor
Bathrooms Detail:2, 4pc Basement floor
Bathrooms Detail:1, 3pc Basement floor
Kitchens:7
Family Room:No
Appliances Included:None
Basement:Apartment, Finished with Walk-Out

Parking

Driveway:Private
Garage Type:None
Garage Spaces:0
Total Parking Spaces:8

Utilities

Cooling:Wall Unit(s)
Heating Type:Baseboard
Heating Fuel:Electric
Utility Sewer:Sewer

Land

Cross Street:Canice/Borland

$2,299,000

List price

235 Canice Street, Orillia – 8+4 bed Multiplex for sale · MLS® # S12994258