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12 Beds
12 Baths

$2,599,000

263 Canice Street, Orillia ON, L3V 4J4

Property typeMulti-family

Overview

Active

New

Listed May 3, 2026

Updated Jun 1

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.

Additional information

MLS® ID
S13075776

Interior Features

Bedrooms
12
Bathrooms
12
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$19,362
Tax Frequency
Annually

 

Courtesy of Listed by , GRANGE HALL REALTY INC.,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 6:49 PM UTC, 6/1/2026

 

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