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.
This Multiplex located at 235 Canice Street, Orillia, ON L3V 4J1 is currently for sale and has been available at Kash Invest for 199 days. This property, in the city of Orillia and Orillia neighborhood, is listed at $2,299,000 with an estimated mortgage of $10,752* per month. It has an area of 103.62x120 sqft with 8+4 beds and 7 BR. Waterfront Communities C1, Weston and Bradford are nearby neighbourhoods.