Listed for:Listed Apr 30, 2026
$2,599,000

263 Canice Street

Orillia, ON L3V 4J4

Multiplex For Sale
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Sale & Price History for 263 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 263 Canice Street, Orillia

Summarized Description

  • Well-maintained 12-unit apartment building.
  • Fully occupied with quality tenants.
  • Modernized interiors appeal to renters.
  • Turnkey investment with strong cash flow.
  • Includes on-site laundry and parking.
  • Minimal capital requirements for investors.
  • Desirable mix of unit types available.

Well-maintained 12-unit apartment building featuring a desirable unit mix of five 2-bedroom units, six 1-bedroom units, and one studio. The property is fully occupied with quality, long-standing tenants, providing stable and consistent income. Nearly all units have been renovated in recent years, offering modernized interiors that appeal to today's renters. Additional amenities include on-site laundry facilities and 12 dedicated parking spaces for tenant convenience. This turnkey investment opportunity offers strong cash flow with minimal immediate capital requirements-an excellent addition to any investment portfolio.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$10,102
Land Transfer Tax Fee
$51,450

Basement Type
Finished with Walk-Out

Interior Features

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
Unknown
Special Designation
Unknown

Lot

Lot Front
125.00 ft
Lot Depth
105.00 ft

Inclusions

Inclusions
12 fridges, 12 stoves, 2 washer, 2 dryers

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
12
Total Garage And Parking Spaces
12

Heating & Cooling

Heat Source
Gas
Heat Type
Radiant
Air Conditioning
None
Water
Municipal
Sewers
Sewer
Natural Gas
Available
Hydro
Yes

Bedrooms
12
Washrooms
12
Kitchens
12

Room sizes

  • Room—
  • Room—

Washrooms

  • 4-piece, Lower
  • 4-piece, Ground
  • 4-piece, Second

Municipality
Orillia
Neighbourhood
Orillia
Main cross streets
Canice/Borland St. E
Directions
263 Canice St.

MLS® number
S13075776
Data source
Toronto Regional Real Estate Board
Listed on
2026-04-30
Updated on
2026-05-15
Days on market
175 days
Possession type
Flexible
Co-op commission
2.5%
Seller
Listed by
GRANGE HALL REALTY INC.

Home Market Value

Current home valuation for 263 Canice Street, Orillia, Orillia, ON. Listed for $2,599,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 263 Canice Street, Orillia

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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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

$519,800

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$2,079,200$1,949,250$1,819,300$1,689,350
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$10,152monthly$9,517monthly$8,883monthly$8,248monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$51,450

Total Land Transfer Tax

$51,450

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