263 Canice Street
About this property
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.
Features & finishes
Property details
| MLS® Number | S13075776 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Single Family Home |
| Interior Size | 2,500 sq ft |
| Beds / Baths | 12 bed · 12 bath |
| Neighbourhood | Orillia |
| City | Orillia |
| Postal Code | L3V 4J4 |
| Province | ON |
| Listed Date | May 3, 2026 |
| Days on Market | 95 |
| Price per Sq Ft | $1,040 |
| Brokerage | GRANGE HALL REALTY INC. |
Location
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