235 Canice Street Orillia, Ontario L3V 4J1

12 Bedroom 7 Bathroom 3,500 - 5,000 ft2
Wall Unit Baseboard Heaters

$2,299,000

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:61594)

Property Details

MLS® Number S12994258
Property Type Multi-family
Community Name Orillia
Parking Space Total 8

Building

Bathroom Total 7
Bedrooms Above Ground 8
Bedrooms Below Ground 4
Bedrooms Total 12
Appliances Dishwasher, Stove, Two Washers, Refrigerator
Basement Development Finished
Basement Features Apartment In Basement, Walk Out
Basement Type N/a, N/a (finished)
Cooling Type Wall Unit
Exterior Finish Brick
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 3,500 - 5,000 Ft2
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 120 Ft
Size Frontage 103 Ft ,7 In
Size Irregular 103.6 X 120 Ft
Size Total Text 103.6 X 120 Ft

Utilities

Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29600026/235-canice-street-orillia-orillia

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