Orillia, ON
263 CANICE STREET
$2,599,000
Listed by
GRANGE HALL REALTY INC.
JOSEPH MORRIELLO, Broker of Record
Data last updated Oct 22, 2026, 12:40 a.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $2,599,000
- Type
- Detached
- Bedrooms
- 12
- Bathrooms
- 12
- MLS®
- S13075776
- Status
- active
- Brokerage
- GRANGE HALL REALTY INC.
About this home
Description provided by the listing brokerage
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.