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:15069)
| MLS® Number | W13570616 |
| Property Type | Multi-family |
| Community Name | Orangeville |
| Parking Space Total | 9 |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Basement Type | Full |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Block |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
| Detached Garage | |
| Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 120 Ft |
| Size Frontage | 60 Ft |
| Size Irregular | 60 X 120 Ft |
| Size Total Text | 60 X 120 Ft |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 2.74 m | 3.1 m | 2.74 m x 3.1 m |
| Second Level | Living Room | 5.14 m | 3.93 m | 5.14 m x 3.93 m |
| Second Level | Bedroom | 3.58 m | 3 m | 3.58 m x 3 m |
| Lower Level | Bedroom 2 | 3.58 m | 5.76 m | 3.58 m x 5.76 m |
| Lower Level | Den | 3.7 m | 2.52 m | 3.7 m x 2.52 m |
| Main Level | Kitchen | 2.72 m | 3.85 m | 2.72 m x 3.85 m |
| Main Level | Dining Room | 2.84 m | 3.14 m | 2.84 m x 3.14 m |
| Main Level | Living Room | 4.64 m | 3.65 m | 4.64 m x 3.65 m |
| Main Level | Bedroom | 3.57 m | 2.68 m | 3.57 m x 2.68 m |
| Main Level | Kitchen | 3.22 m | 3.49 m | 3.22 m x 3.49 m |
| Main Level | Living Room | 4.92 m | 3.47 m | 4.92 m x 3.47 m |
| Main Level | Bedroom | 3.7 m | 3.23 m | 3.7 m x 3.23 m |
| Main Level | Bedroom 2 | 3.7 m | 2.66 m | 3.7 m x 2.66 m |
https://www.realtor.ca/real-estate/30041201/5-fourth-avenue-orangeville-orangeville
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