263 Canice Street
Orillia
$2,599,000
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Home Details
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Listing Description
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.
City: Orillia
Mortgage Calculator
Your estimated monthly payment for 263 Canice Street is 14,426
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $2,599,000 |
| Down Payment | $519,800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $2,079,200 |
Monthly Payment
| Mortgage Payment | $12,813 |
| Property Taxes | $1,614 |
| Maintenance Fees | $0 |
| Monthly Payment | $14,426 |
About 263 Canice Street, Orillia
Located at 263 Canice Street , this Orillia house is available for sale. This property was listed for $2,599,000 on Mon May 04 2026. It has 12 bedrooms and 12 bathrooms. The property includes the following rooms: . This property comes with 12 parking spots.
MLS#: undefined · $2,599,000 · 12 bedroom house in Orillia