263 CANICE STREET, Orillia
$2,599,000
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 12 bedrooms, 12 bathrooms
- Living area
- 3,000 sqft
- MLS®
- MLS® S13075776
- Neighbourhood
- Orillia
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.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.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 263 CANICE STREET
$2,189,900
Multiplex10103,500–5,000 sqft194 DUNLOP STREET E, Lakeshore, Barrie
$1,899,000
Multiplex772,000–2,500 sqft82 PRITCHARD AVENUE, Rockcliffe-Smythe, Toronto
$1,950,000
Detached6+173,500–5,000 sqft68 ALANA DRIVE, Centre Vespra, Springwater
$3,398,800
Detached7+183,500–5,000 sqft19 ADDISON STREET, North Richvale, Richmond Hill
$2,649,000
Detached7+373,500–5,000 sqft1427 ROSEBANK ROAD, Woodlands, Pickering
$2,650,000
Detached6+283,500–5,000 sqft53 PETER STREET, Grey Highlands, Grey Highlands
$2,888,900
Detached7+373,500–5,000 sqft27 TEFLEY ROAD, Newtonbrook West, Toronto
$1,699,000
Detached8+373,000–3,500 sqft103 ELMWOOD AVENUE, Harding, Richmond Hill