235 Canice Street
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.
Features of 235 Canice Street
| MLS® # | S12994258 |
|---|---|
| Price | $2,299,000 |
| Bedrooms | 8 |
| Bedrooms Plus | 4 |
| Bathrooms | 7.00 |
| Square Footage | 3500-5000 |
| Type | Residential Freehold |
| Sub-Type | Multiplex |
| Style | 2-Storey |
| Status | Active |
Community Information
| Address | 235 Canice Street |
|---|---|
| Area | Simcoe |
| Neighborhood | Orillia |
| City | Orillia |
| Province | ON |
| Postal Code | L3V 4J1 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Garage Type | None |
| Pool | None |
Interior
| Heating | Baseboard |
|---|---|
| Cooling | Wall Unit(s) |
| Fireplace | No |
| Basement | Apartment, Finished with Walk-Out |
Exterior
| Exterior | Brick |
|---|
Listing Details
| Office | GRANGE HALL REALTY INC. |
|---|