235 Canice Street, Orillia, ON L3V 4J1

Orillia, ON

Orillia, ON

$2,299,000
12 bed 7 bath 3500-5000 sqft
Selling
Added 2 weeks ago
1 View
Overview
Bedrooms: 12
Bathrooms: 7
Square: 3500-5000 sqft
MLS Number: S12994258
Listing Brokerage: GRANGE HALL REALTY INC.
Co-Listing Brokerage: GRANGE HALL REALTY INC.
Listed On: Apr 14, 2026 (199 days ago)
Last Updated: May 4, 2026 (179 days ago)

235 Canice Street, Orillia, ON L3V 4J1 - 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.
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.

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Amenities and features
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Facts and Features
Property
Status: Active
Property Type: Residential Freehold
Property Sub Type: Multiplex
Transaction Type: For Sale
Style: 2-Storey
Assesment Year: 2025
Survey Type: Available
Area: Simcoe
Community: Orillia
Occupant Type: Tenant
Possession Type: Flexible
Cross Street: Canice/Borland
Listed On: 2026-04-14
Last Modified: 2026-05-04
MLS Number: S12994258
Listing Brokerage: GRANGE HALL REALTY INC.
Co-Listing Brokerage: GRANGE HALL REALTY INC.
Inside
Air Conditioning: Wall Unit(s)
Bedrooms: 12
Total Bathrooms: 7
Heating: Baseboard / Electric
Building
Kitchens Total: 7
Basement: Apartment, Finished with Walk-Out
Foundation: Not Applicable
Roof: Shingles
Construction: Brick
Living Area Range: 3500-5000
HST Application: Included In
Parking
Parking Features: Private
Parking Spaces (Driveway): 8
Parking Total: 8
Covered Spaces: 0
Financial
Tax Annual Amount: 10733
Tax Year: 2025
Tax Legal Description: LT 7 W/S CANICE ST PL 167 ORILLIA; PT LT 6 W/S CANICE ST PL 167 ORILLIA AS IN RO1176788; ORIL
Land
Frontage: 103.62
Lot Depth: 120
Lot Size Units: Feet
Lot Size Source: MPAC
Frontage Type: West
Directions: 235 Canice St
Sewer: Sewer
Parcel Number: 586640030
Roll Number: 435204040410800
Cross Street: Canice/Borland
Commercial General
Contract Status: Available
List AOR: Toronto Regional Real Estate Board
Showing Requirements: List Brokerage
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235 Canice Street, Orillia, ON L3V 4J1 is a multiplex, residential freehold development located at 235 Canice Street, Orillia, ON L3V 4J1.

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