235 Canice Street, Orillia, Ontario L3V4J1

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$2,299,000
12
BD
7
BA

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List Price
$2,299,000
MLS®
S12994258
Days on Market
103
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
12
Bathrooms
7
Lot Size Dimensions
103.6 x 120 FT
Subdivision
Orillia

Property 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. (id:5764)

Additional Information

Subdivision
Orillia
Parking Spaces
8
Cooling
Wall unit
Country
Canada
Sewer
Sanitary sewer
Heating
Baseboard heaters, Electric
Stories
2

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Calculator source: Real Geeks