263 Canice Street

ActiveOrillia · Orillia95 days on marketMLS® S13075776
$2,599,000
$1,040 / sq ft
Bedrooms12
Bathrooms12
Interior2,500 sq ft
TypeSingle Family Home
ListingFor Sale
Days on Market95

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

View
Air Conditioning
Basement

Property details

MLS® NumberS13075776
StatusActive
Listing TypeFor Sale
Property TypeSingle Family Home
Interior Size2,500 sq ft
Beds / Baths12 bed · 12 bath
NeighbourhoodOrillia
CityOrillia
Postal CodeL3V 4J4
ProvinceON
Listed DateMay 3, 2026
Days on Market95
Price per Sq Ft$1,040
BrokerageGRANGE HALL REALTY INC.

Location

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Listed by GRANGE HALL REALTY INC.