7-Unit Apartment Building In Orillia For Sale

7-Unit Apartment Building In Orillia For Sale - Fully Tenanted!

For Sale $ inquire
LOCATION: Orillia Ontario Canada
CATEGORY: Commercial Real Estate
INDUSTRY: Apartment Buildings for Sale | Commercial Buildings for Sale or Lease | Commercial Spaces for Sale or Lease | Industrial Buildings for Sale or Lease | Industrial Units for Sale or Rent
LISTING TYPE: Apartment Buildings for Sale | Income Properties for Sale | Income Properties for Sale | Income Properties for Sale | Income Properties for Sale | Income Properties for Sale | Multiplex for Sale

Property Highlights

Fully occupied with quality tenants
Renovated in 2023 with new door and window systems, water tank, floor heaters, floors and appliances
New retaining wall to increase parking space number to 10
Newly built laundry room with coin-laundry on-site

This fully occupied 7-unit apartment building at 235 Canice St. is just minutes from Orillia’s historic downtown, offering easy access to grocery stores, restaurants, the new state-of-the-art recreation centre, and the public library. Renovated in 2023, the property features five 2-bedroom, one 1-bedroom, and one studio apartment with new doors, windows, flooring, floor heaters, updated appliances, and a new water tank. A newly constructed retaining wall has expanded parking to 10 spaces. Orillia continues to experience remarkable growth while maintaining its small-town charm, making this a prime opportunity for investors seeking stable rental income in a thriving community.