For Sale: 235 Canice Street, Orillia, ON - REW
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$2,299,000
12 bd • 7 ba • 3500 - 4999 sf • Multifamily
235 Canice Street
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$2,299,000
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235 Canice StreetOrillia, ON, L3V 4J1

  • 12 Bed
  • 7 Bath
  • 3500 - 4999 Sqft
  • Multifamily

About this home

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:63626)
Listed by: JOSEPH MORRIELLO, Salesperson, GRANGE HALL REALTY INC.

Home facts and features

Price details
List Price
$2,299,000
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Gross Taxes for 2025
$10,733
Home facts
Bedrooms
12
Full Bathrooms
7
Parking Spaces
8
Parking Details
No Garage
Property Type
Multifamily
Depth
120 feet
Frontage
103.7 feet
Exterior Finish
Brick
Heating Type
Baseboard heaters, Electric
Cooling
Wall unit
Basement Details
Finished, Apartment in basement, Walk out, ,
Appliances
Dishwasher, Refrigerator, Stove, Two Washers
Agent details
Primary Agent
JOSEPH MORRIELLO
Primary Broker
GRANGE HALL REALTY INC.
Secondary Agent
DRAGANA BATURAN
Secondary Broker
GRANGE HALL REALTY INC.
Listing details
Days on REW
55 Days
MLS® Number
S12994258
Source
Canadian Real Estate Association
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Property Insights

Lions Oval Public School
  • Public
  • JK - 8
Monsignor Lee School
  • Catholic
  • JK - 8
Couchiching Heights Public School
  • Public
  • JK - 8
Patrick Fogarty Secondary School
  • Catholic
  • 9 - 12
Orchard Park Elementary School
  • Public
  • JK - 8
ÉÉC Samuel-de-Champlain
  • Catholic
  • JK - 6
Orillia Secondary School
  • Public
  • 9 - 12
Harriett Todd Public School
  • Public
  • JK - 8
St Bernard's School
  • Catholic
  • JK - 8
Regent Park Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
JOSEPH MORRIELLO
Office:
416-588-2200
Salesperson
DRAGANA BATURAN
Office:
416-588-2200
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.