5 Fourth Avenue Orangeville, Ontario L9W 1G5

5 Bedroom 3 Bathroom 2,000 - 2,500 ft2
None Baseboard Heaters

$949,000

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:61594)

Property Details

MLS® Number W13570616
Property Type Multi-family
Community Name Orangeville
Parking Space Total 9

Building

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 Ft2
Type Triplex
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

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

Rooms

Level Type Dimensions
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
Lower Level Bedroom 2 3.58 m x 5.76 m
Lower Level Den 3.7 m x 2.52 m
Main Level Kitchen 2.72 m x 3.85 m
Main Level Dining Room 2.84 m x 3.14 m
Main Level Living Room 4.64 m x 3.65 m
Main Level Bedroom 3.57 m x 2.68 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

https://www.realtor.ca/real-estate/30041201/5-fourth-avenue-orangeville-orangeville

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