235 Canice St

Great Investment Opportunity. 12 Unit Apartment Building in Orillia. 6 - 1 bedrooms and 6 - bachelors, 7 parking spaces. Great Rental Upside, showing around 143,000 Gross Income. One of the most efficient buildings you can own. Close to the downtown, public transit, shopping and Schools to attract students. Ask LA for sales package.

Looking for a turn key investment? Only 19 years old, this is an exceptional purpose built 5-plex with very low maintenance costs, featuring 4 two bedrooms units and 1 bachelor unit, all with 1 kitchen and bathroom. Occupied with triple A tenants, this property yields very strong cash flow, resulting in an excellent cap rate. The units have all been beautifully renovated with commercial grade flooring, new kitchens and bathrooms. An easy building to maintain with a steel roof, vinyl siding, new breaker panels and separate hydro meters for all tenants. Baseboard heating in bedrooms & heat/air conditioner unit in the living rooms. Located right across the street from the lake, and conveniently located just minutes from Hwy 12 and downtown Orillia, this is an opportunity to buy and benefit from the revitalization of Orillia. Financials Attached.