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9 2nd Ave

2nd AveOrangevilleOrangevilleON, L9W 1H4

3
Beds
3
Baths
$1,050,000
List Price
9 2nd Ave, Orangeville, ON - 1 of 3
9 2nd Ave, Orangeville, ON - 2 of 3
9 2nd Ave, Orangeville, ON - 3 of 3
New
30 days on market

Quick Summary

  • Exceptional new listing in downtown Orangeville
  • Compelling blend of living and investment potential
  • Rare investment opportunity as a triplex
  • Three self-contained one-bedroom units with bathrooms
  • Convenient downtown location near amenities
  • Ample parking with two spaces per unit
  • Existing rental income to aid mortgage payments
  • Shared laundry facilities in the basement

Introducing a remarkable opportunity to own a semi-detached triplex in the heart of downtown Orangeville. Welcome to this exceptional new listing at 9 Second Avenue in Orangeville. This property offers a compelling blend of living and investment potential, perfect for buyers seeking both a home and a sound income source. This intriguing... Show More

Introducing a remarkable opportunity to own a semi-detached triplex in the heart of downtown Orangeville. Welcome to this exceptional new listing at 9 Second Avenue in Orangeville. This property offers a compelling blend of living and investment potential, perfect for buyers seeking both a home and a sound income source. This intriguing property presents a rare investment opportunity in the heart of downtown Orangeville. Designed as a triplex, this house is comprised of three self-contained one-bedroom with one-4 piece bathroom units; each offering distinct charm and appeal. This property stands out not only for its potential as a steady income source but also for its ability to accommodate homeowners looking to offset their mortgage payments. Live comfortably in one unit while the other two generate rental income, thereby utilizing existing rentals to aid in your purchase qualification. Each unit in this triplex features functional living spaces geared towards comfort and practicality, making it highly attractive. Given its downtown location, residents enjoy the convenience of being close to shopping, dining, and entertainment options; all of which enhance the living experience and add value to this property's desirability. For those with vehicles, parking will never be an issue. The property includes ample space for residents and guests alike; ensuring that each unit has access to two parking spaces (6 total) which enhances its attraction. Whether you are an investor seeking to expand your portfolio or a buyer looking for a home that helps in mortgage payment through rental income, this property offers both profitability and liveability in one of the most sought-after downtown areas in Orangeville. Don't miss out on this versatile real estate opportunity. Explore the potential of 9 Second Avenue and redefine your investment or living strategy in this prime downtown location today. Shared laundry facilities located in the basement. Unit #1 is rented for $1800 per month (incl heat) plus hydro. Unit #2 is rented for $1850 per month plus hydro and 1/3 of the gas bill. Unit #3 (upper level unit) is presently vacant

Property Details

Size

Sq. Ft. Not Available
10 total rooms
3 Beds
3 Above Grade
3 Baths

Parking

6 Parking Spaces
None

Build

Year Built
-
Model Name
-
Basement
Unfinished
Exterior
Stucco/Plaster
Foundation
-
Builder Name
-
Stories
-
Flooring
Laminate
Roof
-

Heating & Cooling

Heating
Forced Air
Cooling
None

Utilities

Water
-
Sewer
Sewers
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Rooms

Kitchen

9′6″ x 15′5″

Living

12′0″ x 17′2″

Br

11′3″ x 10′3″

Kitchen

9′1″ x 12′5″

Living

12′9″ x 16′0″

Br

10′2″ x 11′1″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$5,403.55

Source

Listing Brokerage

MLS® Listing
W9259013
Last Updated
August 17, 2024
Brokerage
ROYAL LEPAGE RCR REALTY
Call us 800-591-0566

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