263 Canice Street, Orillia, Ontario

About 263 Canice Street

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. (id:6289)

More Info on this Orillia Other MLS® listing

263 Canice Street is an other listing for sale in Orillia. The MLS® number is S13075776. It features 12 bedrooms, 12 bathrooms. It's currently listed for $2,599,000. For more details on MLS® S13075776, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This other listing in Orillia is available now!

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