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$2,599,000
For SaleListed 95 days agoVirtual Tour

263 Canice Street, Orillia, ONL3V 4J4

Orillia
12
12
2,500–3,000 ft²
Multiplex12 Parking125 × 105 ft Lot
Listed by GRANGE HALL REALTY INC.

Property Information

Property TypeMultiplex
Lot Size125 × 105 ft
BasementFinished with Walk-Out
Parking12 parking spaces
Property taxes$19,362/yr (2025)
Days on Market95 Days
Listed DateMay 3, 2026
MLS® NumberS13075776

Monthly Cost

Description

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.

Listing History

Event
Date
Price
Listed
May 3, 2026
$2,599,000

Shows activity for this MLS® listing. Prior listings and sold records appear when available.

Location

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School Catchments

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DistrictIQ Inc., BrokerageMLS® data provided by PropTxUpdated May 15, 2026
Data sources & legal disclosures

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.

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