5 Fourth Avenue, Orangeville, ON L9W 1G5

$949,000
5
BD
3
BA
2,000
SqFt

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List Price
$949,000
MLS#
W13570616
Status
ACTIVE
Type
Multifamily
SubType
Triplex
Style
1 1/2 Storey
Bedrooms
5
Bathrooms
3
Living Area
2000-2500
Province
ON
Municipality
Orangeville
Area
Dufferin
Neighborhood
Orangeville
Subdivision
4th Ave / First St

Property Description

A smart way to enter the Orangeville real estate market while letting rental income help with the mortgage. Welcome to 5 Fourth Avenue, a well-maintained triplex in a convenient location just off First Street and within walking distance of downtown Orangeville, shops, restaurants, parks, schools and everyday amenities. The property features three self-contained units, including two spacious 2-bedroom apartments on the main floor and a 1-bedroom apartment on the upper level. Each unit offers a functional layout with a 4-piece bathroom, while both main floor units also feature in-suite laundry. Each unit has its own separate hydro meter, simplifying utility management. For a first-time buyer, this could be an opportunity to live in one unit while renting the others, helping offset the cost of homeownership and potentially increasing your buying power compared with purchasing a single-family home. For investors, the three-unit configuration provides multiple income streams and the opportunity to add a solid, income-producing property to a growing portfolio. Whether you're looking to generate strong rental income, add to your investment portfolio, or live in one unit while renting the others, this versatile property offers incredible potential in one of Orangeville's most convenient locations. Don't miss your chance to own a solid income-producing property in a thriving community.

Additional Information

Taxes
$7,186
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Family Room
Yes
Kitchens
3
Exterior
Brick
Garage Spaces
1
Garage Type
Detached
Pool
None
Parking Spaces
9

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of EXP REALTY.