$1,050,000
FOR SALE

Investment

Lot: 67.2 x 188 ftTotal Area: 1,900 ft2
2024 Taxes: $5,403.55

9 Second Ave
Orangeville, ON L9W 1H4 | Dufferin

Introducing a promising opportunity for homeowners and investors alike at 9 Second Ave in Orangeville; newly listed and awaiting your interest. This semi-detached home features three self-contained units; offering 1 bedroom and 1 full bathroom in each, each unit is also equipped with its own hydro meter, simplifying utility management. The layout and amenities in each unit cater to modern living standards and are well-suited to meet a variety of tenant needs.These independent living spaces offer the flexibility to occupy one unit and rent out the remaining two, or to lease all three units, optimizing your investment potential this property presents a substantial potential for rental income, making it an attractive acquisition for those looking to invest in the market. Conveniently located in a desirable downtown area, the property benefits from its proximity to vital community amenities and attractions. Parking isn't an issue as the property accommodates multiple vehicles, ensuring convenience for both residents and visitors. This feature is especially beneficial in a bustling downtown area. This property is not just a home but a wise investment in a dynamic community with everything you need right on your doorstep. Don't miss out on this exceptional blend of comfort, convenience, and potential revenue. Positioned in a vibrant neighbourhood, residents of 9 2nd Ave enjoy close proximity to local shops, restaurants, and recreational facilities, making it an attractive option for those who value having amenities and entertainment within easy reach.This property does not just offer a home; it offers a strategic investment in one of Orangeville's most desirable areas. Whether you are seeking a versatile living solution or an astute investment opportunity, this triplex promises to meet your needs and exceed expectations.
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
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Listed By ROYAL LEPAGE RCR REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W9259017
Last Updated Aug 17, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 2 to 5 Units
Category Apartment
Occupancy Own+Ten
Possession Date Flexible
Taxes (2024) $5,403.55
Tax Type Annual
Directions/Cross Streets Second Ave & First St
Neighbourhood Orangeville
Area Dufferin
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 67.2 x 188 ft
Lot Irregularities APRD
Total Area 1,900 ft2
Air Conditioning N
Basement Y
Garage Type None
Parking Spaces 6
Heat Type Gas Forced Air Closd
Area Influences Public Transit, Rec Centre
Sprinklers N
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Building
Zoning R2 - residential: 3 self contained units
Seller Property Info Statement N

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