41
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$949,000
Est. payment /mo
5 Beds
3 Baths
Active
5 FOURTH AVENUE Orangeville, ON L9W1G5
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000 - 2500
Subdivision Orangeville
MLS® Listing ID W13570616
Bedrooms 5
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. (id:24570)
Location
Province ON
Rooms
Kitchen 3.0
Extra Room 1 Second level 2.74 m X 3.1 m Kitchen
Extra Room 2 Second level 5.14 m X 3.93 m Living room
Extra Room 3 Second level 3.58 m X 3 m Bedroom
Extra Room 4 Lower level 3.58 m X 5.76 m Bedroom 2
Extra Room 5 Lower level 3.7 m X 2.52 m Den
Extra Room 6 Main level 2.72 m X 3.85 m Kitchen
Interior
Heating Baseboard heaters
Cooling None
Exterior
Parking Features Yes
View Y/N No
Attached Garage No
Total Parking Spaces 9
Garage Yes
Private Pool No
Building
Story 1.5
Sewer Sanitary sewer
Listed by EXP REALTY