Listed for:Listed Apr 12, 2026
$2,299,000

235 Canice Street

Orillia, ON L3V 4J1

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 235 Canice Street, Orillia

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 235 Canice Street, Orillia

Summarized Description

  • Fully renovated 7-unit apartment building for sale
  • Turnkey investment with high in-place income
  • Upgraded in 2023 with modern features
  • Includes spacious 2-bedroom and 1-bedroom units
  • Energy-efficient floor heating for tenant comfort
  • Located near the lake and marina
  • All tenants pay their own hydro
  • Well-maintained asset with long-term growth potential

Exceptional opportunity to own a fully renovated 7-unit apartment building with high in-place income and excellent tenant profile. Completely occupied, this turnkey investment has been thoughtfully upgraded in 2023 with new doors, windows, flooring, water tank, modern appliances, and energy-efficient floor heating. A newly added retaining wall maximizes functionality by increasing available parking. The property includes 5 spacious 2-bedroom, condo-style apartments featuring wall A/C units and updated kitchens with dishwashers, one 1-bedroom apartment, and 1 bachelor. Designed for both tenant comfort and investor peace of mind, this well-maintained asset offers a compelling blend of stability, quality, and long-term growth potential. All tenants pay their own hydro. It is located within walking distance of the lake and marina.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$10,733
Land Transfer Tax Fee
$43,950

Basement Type
Apartment, Finished with Walk-Out

Interior Features

Laundry Level
Lower Level
Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Brick
Roof
Shingles
Foundation Details
Not Applicable
Special Designation
Unknown

Lot

Lot Front
103.62 ft
Lot Depth
120.00 ft

Inclusions

Inclusions
All EF, 7 stoves, fridges, 4 dishwashers, 4 wall A/C units, 2 washer and 2 drayer.

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
8
Total Garage And Parking Spaces
8

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
Wall Unit(s)
Water
Municipal
Sewers
Sewer
Hydro
Yes

Bedrooms
8 + 4
Washrooms
7
Kitchens
7

Washrooms

  • 4-piece, Ground
  • 4-piece, Second
  • 4-piece, Basement
  • 3-piece, Basement

Municipality
Orillia
Neighbourhood
Orillia
Main cross streets
Canice/Borland
Directions
235 Canice St

MLS® number
S12994258
Data source
Toronto Regional Real Estate Board
Listed on
2026-04-12
Updated on
2026-05-04
Days on market
191 days
Possession type
Flexible
Co-op commission
2.5%
Seller
Listed by
GRANGE HALL REALTY INC.

Home Market Value

Current home valuation for 235 Canice Street, Orillia, Orillia, ON. Listed for $2,299,000

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Estimated Sales Range

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HOMEH Estimate for 235 Canice Street, Orillia

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Orillia, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$459,800

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$1,839,200$1,724,250$1,609,300$1,494,350
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$8,980monthly$8,419monthly$7,857monthly$7,296monthly
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Land Transfer Tax

Provincial

$43,950

Total Land Transfer Tax

$43,950

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