263 Canice Street, Orillia, ON L3V 4J4

Orillia, ON

Orillia, ON

$2,599,000
12 bed 12 bath 2500-3000 sqft
Selling
Added 3 weeks ago
2 Views
Overview
Bedrooms: 12
Bathrooms: 12
Square: 2500-3000 sqft
MLS Number: S13075776
Listing Brokerage: GRANGE HALL REALTY INC.
Co-Listing Brokerage: GRANGE HALL REALTY INC.
Listed On: May 3, 2026 (188 days ago)
Last Updated: May 15, 2026 (176 days ago)

263 Canice Street, Orillia, ON L3V 4J4 - About this home

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.
This Multiplex located at 263 Canice Street, Orillia, ON L3V 4J4 is currently for sale and has been available at Kash Invest for 188 days. This property, in the city of Orillia and Orillia neighborhood, is listed at $2,599,000 with an estimated mortgage of $12,155* per month. It has an area of 125x105 sqft with 12 beds and 12 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 St. E
Listed On: 2026-05-03
Last Modified: 2026-05-15
MLS Number: S13075776
Listing Brokerage: GRANGE HALL REALTY INC.
Co-Listing Brokerage: GRANGE HALL REALTY INC.
Inside
Bedrooms: 12
Total Bathrooms: 12
Heating: Radiant / Gas
Building
Kitchens Total: 12
Basement: Finished with Walk-Out
Roof: Shingles
Construction: Brick
Living Area Range: 2500-3000
HST Application: In Addition To
Parking
Parking Spaces (Driveway): 12
Parking Total: 12
Covered Spaces: 0
Financial
Tax Annual Amount: 19362.37
Tax Year: 2025
Tax Legal Description: PT LT 20 N/S BORLAND ST PL 8 ORILLIA AS IN RO947946; ORILLIA
Land
Frontage: 125
Lot Depth: 105
Lot Size Units: Feet
Lot Size Source: MPAC
Frontage Type: West
Directions: 263 Canice St.
Sewer: Sewer
Parcel Number: 586590080
Roll Number: 435204040609900
Cross Street: Canice/Borland St. E
Commercial General
Contract Status: Available
List AOR: Toronto Regional Real Estate Board
Showing Requirements: See Brokerage Remarks
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263 Canice Street, Orillia, ON L3V 4J4 is a multiplex, residential freehold development located at 263 Canice Street, Orillia, ON L3V 4J4.

263 Canice Street, Orillia, ON L3V 4J4 offers a wide array of amenities including None.

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