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$2,599,000
Available - For Sale
Listing ID: S13075776
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.
Price $2,599,000
Taxes: $19,362.37
Assessment Year: 2025
Occupancy by: Tenant
Address: 263 Canice Street , Orillia, L3V 4J4, Simcoe
Directions/Cross Streets: Canice/Borland St. E
Rooms: 36
Bedrooms: 12
Bedrooms +: 0
Washrooms: 12
Family Room: F
Basement: Finished wit
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: 0 0
Room 2: 0 0
No. of Pieces Level
Washroom 1:  4 Lower
Washroom 2:  4 Ground
Washroom 3:  4 Second
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Lower
Washroom 7:  4 Ground
Washroom 8:  4 Second
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4 Lower
Washroom 12:  4 Ground
Washroom 13:  4 Second
Washroom 14:  0
Washroom 15:  0
Washroom 16:  4 Lower
Washroom 17:  4 Ground
Washroom 18:  4 Second
Washroom 19:  0
Washroom 20:  0
Washroom 21:  4 Lower
Washroom 22:  4 Ground
Washroom 23:  4 Second
Washroom 24:  0
Washroom 25:  0
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 12
Pool: None
Approximatly Square Footage: 2500-3000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Hydro: Y
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
GRANGE HALL REALTY INC.

263 Canice Street , Orillia, L3V 4J4, Simcoe

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Freehold - Multiplex
Area: Simcoe
Municipality: Orillia
Neighbourhood: Orillia
Style: 2-Storey
Lot Size: x 105.00(Feet)
Approximate Age:
Tax: $19,362.37
Maintenance Fee: $0
Beds: 12
Baths: 12
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908