263 CANICE STREET, Orillia, Ontario L3V 4J4
$2,599,000.00
- 12 bedrooms
- 12 bathrooms
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, ... read more
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. (id:25417)
- Listing ID: S13075776
- Property Type: Multi-family
| Property | |
|---|---|
| Lot Size: | 125 by 105 FT |
| Parking: | No Garage 12 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Other |
| Appliances: | Two Refrigerators, Two Washers, Two Stoves and Dryer |
| HVAC: | Fireplace and Radiant Heat Natural Gas |
| Exterior: | Brick |
| Basement: | N/A (Finished) |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | Orillia |
| Province: | Ontario |
Book a showing to see this Canice Street Home in Orillia
This property has so much to offer. Book a private showing now, as you do not want to miss out on 263 CANICE STREET in Orillia, Ontario!
Private Showing Request
Send a request to book a private showing for
.
Please Note: Information you supply in the contact form will be kept fully confidential.
Is this multi-family home the right property for you? Start a conversation to find out.
Get Directions to this Property
Not sure where this property is? Get directions to this Canice Street Home in Orillia.
Provided by GRANGE HALL REALTY INC.. MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association.
Have questions or need more information about this home? Don't know where to begin? Then, let us connect you with the best real estate agent to guide you.
Inquiries submitted through this website will be responded to by a local sales representative from Royal LePage®.
Start a Conversation by Text
Provide your full name, phone and email to start a conversation by text message.
Please Note: Information you supply in the contact form will be kept fully confidential.
Start a Conversation by Email
Provide your full name and email to start a conversation by email.
Please Note: Information you supply in the contact form will be kept fully confidential.