235 Canice Street, Orillia, ON L3V 4J1
- $2,299,000
- 12
- BD
- 7
- BA
- 3,500
- SqFt
- List Price
- $2,299,000
- MLS#
- S12994258
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Multiplex
- Style
- 2-Storey
- Bedrooms
- 12
- Bathrooms
- 7
- Living Area
- 3500-5000
- Province
- ON
- Municipality
- Orillia
- Area
- Simcoe
- Neighborhood
- Orillia
- Subdivision
- Canice/Borland
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.
/u.realgeeks.media/homesfound/Mark_Risi_600x800.png)
Additional Information
- Taxes
- $10,733
- Heat Type
- Baseboard
- Heat Source
- Electric
- Air Conditioning
- Wall Unit(s)
- Kitchens
- 7
- Exterior
- Brick
- Garage Type
- None
- Pool
- None
- Parking Spaces
- 8
- Parking Type
- Private
Mortgage Calculator
Listing courtesy of GRANGE HALL REALTY INC..