9 SECOND AVENUE, ORANGEVILLE, Ontario, CA

Address: 9 SECOND AVENUE, Orangeville, Ontario

3 Beds3 Baths0 sqftStatus: Buy
Price $1,050,000

Property Overview


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. **** EXTRAS **** 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 (id:51532)

 

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Property Summary
Property Type
Single Family
Building Type
Triplex
Storeys
2
Community Name
Orangeville
Land Size
67.2 x 188 FT|under 1/2 acre
Building
Bedrooms
Above Grade
3
Bathrooms
Total
3
Interior Features
Appliances Included
Water Heater, Dryer, Refrigerator, Stove, Washer
Flooring
Laminate
Basement Type
N/A (Unfinished)
Building Features
Foundation Type
Stone
Building Amenities
Separate Electricity Meters
Structures
Porch
Heating & Cooling
Heating Type
Forced air
Utilities
Utility Type
Cable(Available),Sewer(Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Stucco
Parking
Total Parking Spaces
6
Land
Other Property Information
Zoning Description
R2 -Residential: 3 self contained units
Level Rooms Dimensions
Basement Laundry room Measurements not available
Main level Kitchen 4.7 m x 2.9 m
Living room 5.24 m x 3.66 m
Bedroom 3.14 m x 3.44 m
Kitchen 3.8 m x 2.78 m
Living room 4.9 m x 3.9 m
Bedroom 3.4 m x 3.1 m
Upper Level Kitchen 3.2 m x 2.49 m
Living room 4 m x 3.65 m
Bedroom 5.21 m x 3.74 m

Features
           Water Heater            Dryer            Refrigerator
           Stove            Washer            Separate Electricity Meters
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Your Home Finance Calculation

Property Price CA $1,050,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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