Listed by Grange Hall Realty Inc..

263 Canice Street is a Multiplex, 2-Storey and is currently for Sale @ $2,599,000. Taxes in 2025 were $19,362.37.

More homes for sale under 2.6M in Orillia

Incredible investment opportunity in Orillia. The 2-Storey on 263 Canice Street has 12 bedrooms, 12 bathrooms, and is located on a 105 x 125 ft lot in the community of 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.

12 fridges, 12 stoves, 2 washer, 2 dryers

The address 263 Canice Street was listed for sale (MLS# S13075776) on Thursday, April 30, 2026.