$2,599,000Asking Price
263 Canice Street, Orillia, ON L3V 4J4
Orillia, Orillia
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.
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.
See MoreKey Info
- 2-Storey Multiplex
- 4+ Parking
- No Garage
- Canice/Borland St. E
- 2500-3000 Approximate Sq Feet
- No Ensuite Laundry
- Radiant Gas Heating
- No A/C
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $10,102 in 2025
- Possession: 30/60/TBA
Details
- Brick Exterior
- No Fireplace
- 12 Kitchens
- MLS #S13075776
- GRANGE HALL REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 4 4-Piece Bathrooms on Lower | |||
| 4 4-Piece Bathrooms on Ground Floor | |||
| 4 4-Piece Bathrooms | |||
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Who lives here?
Orillia, Orillia is a north GTA neighbourhood.
Families
Kids Per Family
0.9
kids per family
in the neighbourhood.
Singles
50%
of residents are
single and loving it.
50% singles
Orillia (50%)Renters
39%
of residents
are renters.
39% renters
Orillia (39%)Education
20%
of residents are
university grads.
20% university grads
Orillia (20%)Income
Average Household Income
$85K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 20% |
| Trades | 8% |
| Business | 7% |
| Government | 7% |
| Health | 5% |
Immigrants
9%
of residents were
born outside of Canada.
9% immigrants
Orillia (9%)Birthplace - All
2.4% from UK
All-time
Birthplace - Recent
0.1% from China
Recent
Foreign Languages
Foreign Languages
| French | 1% |
| German | 1% |
| Italian | 1% |
| Tagalog | 1% |
Religions
Religions
| Christian | 66% |
| Muslim | 1% |
| Sikh | 1% |
