5 Fourth Avenue

Orangeville, ONMulti-family
$949,000
MLS® W13570616
Multi-family5 beds3 baths9 total
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About This Property

Exceptional Investment Opportunity in the Heart of Orangeville! Welcome to 5 Fourth Avenue, a well-maintained triplex offering an excellent opportunity for investors or those looking to expand their real estate portfolio. Ideally located just off First Street, this property is within walking distance to downtown Orangeville's shops, restaurants, parks, schools, and everyday amenities, making it a highly desirable location for tenants. The building features three self-contained units, including two spacious main floor 2-bedroom apartments and one upper-level 1-bedroom apartment. Each unit offers a functional layout complete with a 4-piece bathroom. Both main floor units include the convenience of in-suite laundry. Each unit has its own separate hydro meter, simplifying utility management. 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. (id:63604)

Key Facts

Type
Multi-family
Beds
5
Baths
3
Size
2,000 sqft
Lot
60 x 120 FT
Parking
9 total
Property Details 13 details
Bedrooms
5 bedrooms
5 above grade
Bathrooms
3 bathrooms
Parking
9 parking spaces
Detached Garage · Garage
Living area
2,000 - 2,500 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Triplex
Attached status
Attached
Storeys
1.50
Basement
Full
Heating
Baseboard heaters, Electric
Fireplace
No
Lot dimensions
60 x 120 FT
Frontage
60 feet
Taxes
$7,186.00 (2,025)
Water source
Municipal water
Sewer
Sanitary sewer

Exterior features

BrickBlock
Rooms 13 rooms
Level
Room
Dimensions
Main level
Kitchen
2.72 m x 3.85 m
Main level
Dining room
2.84 m x 3.14 m
Second level
Kitchen
2.74 m x 3.1 m
Second level
Living room
5.14 m x 3.93 m
Second level
Bedroom
3.58 m x 3 m
Main level
Living room
4.64 m x 3.65 m
Main level
Bedroom
3.57 m x 2.68 m
Lower level
Bedroom 2
3.58 m x 5.76 m
Main level
Kitchen
3.22 m x 3.49 m
Main level
Living room
4.92 m x 3.47 m
Main level
Bedroom
3.7 m x 3.23 m
Main level
Bedroom 2
3.7 m x 2.66 m
Lower level
Den
3.7 m x 2.52 m
Mortgage & Affordability Estimate monthly costs
Purchase price$949,000
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 1G5
Nearby
Cross Streets: 4th Ave / First St. ** Directions: First St to 4th Ave.