263 Canice Street, Orillia, ON L3V 4J4

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.

Also checked, nothing flagged at this location: provincially significant wetlands, the Greenbelt, the Oak Ridges Moraine, the Niagara Escarpment plan, areas of natural and scientific interest, rail corridors, hydro transmission corridors.

Not openly mapped for this area (ask the local conservation authority): flood hazard mapping, conservation-regulated areas.

Screened against public government mapping at this home’s location — simplified boundaries, not a survey, an appraisal or a legal determination. Confirm anything that matters with the authority named.