48 First Street

Orangeville, ONMulti-family
$925,000
MLS® W13597062
Multi-family5 beds3 baths3 total
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About This Property

Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the other, or explore future commercial possibilities, this versatile duplex offers exceptional value in the heart of Orangeville. This solid brick semi-detached duplex features 2539 sq ft of living space with two self-contained units, each offering private entrances, separate laundry facilities, and separately metered hydro and gas for added convenience and simplified expense management. The main floor unit offers a spacious layout with 3 bedrooms, a 4-piece bathroom, an additional 2-piece bathroom, and its own in-suite laundry. Upstairs, the second unit features 2 bedrooms, a 4-piece bathroom, private laundry, and a generous loft that provides flexible additional living space. Adding to its appeal, the property zoning allows for a variety of future possibilities beyond its current residential use, offering outstanding flexibility for investors and entrepreneurs alike. Situated in Orangeville's vibrant downtown, occupants will enjoy easy access to restaurants, cafés, shopping, parks, schools, and all the amenities that make this thriving community such a desirable place to live and work. A rare opportunity to own a well-maintained income property with future development potential in one of Orangeville's most sought-after locations. (id:63604)

Key Facts

Type
Multi-family
Beds
5
Baths
3
Size
2,500 sqft
Lot
47.3 x 153 FT
Parking
3 total
Property Details 14 details
Bedrooms
5 bedrooms
5 above grade
Bathrooms
3 bathrooms
1 partial
Parking
3 parking spaces
No Garage
Living area
2,500 - 3,000 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Duplex
Attached status
Attached
Storeys
2
Basement
Unfinished
Heating
Forced air, Natural gas
Fireplace
Yes
Lot dimensions
47.3 x 153 FT
Frontage
47.30 feet
Taxes
$6,081.00 (2,025)
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

Separate Electricity Meters

Exterior features

BrickStone
Rooms 12 rooms
Level
Room
Dimensions
Main level
Living room
6.3 m x 4.2 m
Second level
Bedroom 2
2.85 m x 3.17 m
Upper Level
Loft
3.42 m x 5.3 m
Main level
Kitchen
4.09 m x 3.66 m
Main level
Primary Bedroom
2.99 m x 7.11 m
Main level
Bedroom 2
2.88 m x 3.89 m
Main level
Bedroom 3
2.63 m x 3.57 m
Main level
Laundry room
2.37 m x 2.5 m
Second level
Living room
3.36 m x 3 m
Second level
Kitchen
2.35 m x 4.99 m
Second level
Laundry room
1.9 m x 1.86 m
Second level
Bedroom
4.53 m x 3.18 m
Mortgage & Affordability Estimate monthly costs
Purchase price$925,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Orangeville
City
Orangeville
Postal code
L9W 2E2
Nearby
Cross Streets: First St / Fead St. ** Directions: West side of First St just South of Fead St.