235 CANICE STREET, Orillia, Ontario L3V 4J1
$2,299,000.00
- 12 bedrooms
- 7 bathrooms
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 ... read more
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:25417)
- Listing ID: S12994258
- Property Type: Multi-family
| Property | |
|---|---|
| Lot Size: | 103.6 by 120 FT |
| Parking: | No Garage 8 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Other |
| Appliances: | Refrigerator, Stove, Two Washers and Dishwasher |
| HVAC: | Baseboard Heaters, Fireplace and Wall Unit Electric |
| Exterior: | Brick |
| Basement: | N/A, N/A (Finished) |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | Orillia |
| Province: | Ontario |
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