48 First Street
Orangeville, Orangeville, L9W 2E2
FOR SALE
$925,000
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5
BEDROOMS 3
BATHROOMS 2
KITCHENS 12
ROOMS W13597062
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Property Description
Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the other, or explore future commercial possibilities, this versatile duplex offers exceptional value in the heart of Orangeville. This solid brick semi-detached duplex features 2539 sq ft of living space with two self-contained units, each offering private entrances, separate laundry facilities, and separately metered hydro and gas for added convenience and simplified expense management. The main floor unit offers a spacious layout with 3 bedrooms, a 4-piece bathroom, an additional 2-piece bathroom, and its own in-suite laundry. Upstairs, the second unit features 2 bedrooms, a 4-piece bathroom, private laundry, and a generous loft that provides flexible additional living space. Adding to its appeal, the property zoning allows for a variety of future possibilities beyond its current residential use, offering outstanding flexibility for investors and entrepreneurs alike. Situated in Orangeville's vibrant downtown, occupants will enjoy easy access to restaurants, cafés, shopping, parks, schools, and all the amenities that make this thriving community such a desirable place to live and work. A rare opportunity to own a well-maintained income property with future development potential in one of Orangeville's most sought-after locations.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2011-12-09 | 2012-01-20 | 42 | $289,900 | $280,000 |
Property Features
Primary Bedroom - Main Floor, Separate Hydro Meter
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Property Details
Address
48 First Street
Community
City
Postal Code
L9W 2E2
Property Type
Duplex, Duplex
Lot Size
47' x 153'
Taxes
$6,081 (2025
Basement
Unfinished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with Exp Realty
Duplex. Great opportunity to live and rent or invest in this well located downtown property. Rare & exceptionally versatile opportunity in the heart of Orangeville. This 2-Storey adapt to a variety of lifestyle & investment goals, offering outstanding flexibility for multi-generational living, owner-occupied income potential, or use as a fully self-contained 2-unit property with separate entrance for each suite. Boasting 5 bedrooms & 2 bathrooms, the home is ideal for families seeking space & privacy as well as investors looking for strong long-term value. Superior updates includes energy-efficient heat pump installation creating a comfortable, quiet environment with reduced utility costs. The main living area offers impressive flexibility with 3 well placed bedrooms. The upper level is designed for comfort and independence, with generously sized open concept living, dining and kitchen area. Kitchen has the sliding door to the fire escape stairway with small den with enough space for small table and chairs. Situated on an expansive lot with parking for up to 8 vehicles and a detached storage shed, this exceptional property is just steps to restaurants and amenities in beautiful old downtown of Orangeville. Some photos virtually staged.
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