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.
For sale
C$2,599,000
263 Canice St, Orillia, ON L3V 4J4
12beds
12baths
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
- 122 days
- 12
- 0
Zillow last checked:
Listing updated:
Listed by:
GRANGE HALL REALTY INC.
Source: TRREB,MLS®#: S13075776
Originating MLS®#: Toronto Regional Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
Heating
- Radiant, Gas
Cooling
- None
Features
- None
- Basement: Finished with Walk-Out
- Has fireplace: No
Interior area
- Living area range: 2500-3000 null
Video & virtual tour
Property
Parking
- Total spaces: 12
Features
- Stories: 2
- Pool features: None
Lot
- Size: 0.3 Acres
Details
- Parcel number: 586590080
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Unknown
- Roof: Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Orillia
Financial & listing details
- Annual tax amount: C$19,362
- Date on market: 5/3/2026
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: L3V
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.





