235 CANICE STREET, Orillia
$2,299,000
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 12 bedrooms, 7 bathrooms
- Living area
- 5,000 sqft
- MLS®
- MLS® S12994258
- Neighbourhood
- Orillia
Exceptional opportunity to own a fully renovated 7-unit apartment building with high in-place income and excellent tenant profile. Completely occupied, this turnkey investment has been thoughtfully upgraded in 2023 with new doors, windows, flooring, water tank, modern appliances, and energy-efficient floor heating. A newly added retaining wall maximizes functionality by increasing available parking. The property includes 5 spacious 2-bedroom, condo-style apartments featuring wall A/C units and updated kitchens with dishwashers, one 1-bedroom apartment, and 1 bachelor. Designed for both tenant comfort and investor peace of mind, this well-maintained asset offers a compelling blend of stability, quality, and long-term growth potential. All tenants pay their own hydro. It is located within walking distance of the lake and marina.
Sold data
Multiplex homes in Orillia — recent sold market
Multiplex homes in Orillia took a median of 36 days to sell over the last 730 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 71, across 44 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.
The median sale price was $626,950.
Homes sold for about 4.3% below asking on average, so there was room to negotiate.
About 2% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
- Median days to sell
- 36
- Median sale price
- $626,950
- Sale-to-list ratio
- 95.7%
- Sold above asking
- 2%
Based on 44 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Orillia
Orillia has 14 Fraser Institute–rated schools (11 elementary and 3 secondary), averaging 5.1/10.
- Rated schools
- 14
- Elementary
- 11
- Secondary
- 3
- Average rating
- 5.1 / 10
Top-rated schools in Orillia
- Notre Dame — elementaryFraser rating 6.1/10
- Marchmont — elementaryFraser rating 6.0/10
- Harriett Todd — elementaryFraser rating 5.8/10
- Monsignor Lee — elementaryFraser rating 5.6/10
- St Bernard's — elementaryFraser rating 5.6/10
- Ardtrea/Cumberland Beach — elementaryFraser rating 5.5/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 235 CANICE STREET
$1,699,900
Detached6+252,500–3,000 sqft929 7TH LINE, Alcona, Innisfil
$1,699,900
Detached6+252,500–3,000 sqft933 7TH LINE, Alcona, Innisfil
$1,599,000
Detached653,500–5,000 sqft40 OLD CHURCH ROAD, Rural King, King
$1,874,000
Detached5+152,500–3,000 sqft1648 ROSLYN AVENUE, Rural Innisfil, Innisfil
$1,588,880
Detached6+152,500–3,000 sqft139 RHODES CIRCLE, Glenway Estates, Newmarket
$1,499,000
Detached6+153,000–3,500 sqft176 TIGERTAIL CRESCENT, Bradford, Bradford West Gwillimbury
$1,649,000
Detached5+153,000–3,500 sqft582 GORHAM STREET, Gorham-College Manor, Newmarket
$1,699,000
Detached5+153,000–3,500 sqft36 TRILLIUM DRIVE, Aurora Highlands, Aurora