56 First St
Orangeville, Orangeville, L9W 2E4
FOR SALE
$899,900
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6
BEDROOMS3
BATHROOMS3
KITCHENS9
ROOMSW8469636
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Property Description
LEGAL TRIPLEX IN DOWNTOWN ORANGEVILLE - ENDLESS OPPORTUNITIES! Discover a prime investment in the heart of Orangeville with this legal triplex, boasting versatile C5 zoning. Located downtown, this property offers Victorian charm and an array of permitted uses, from residential to commercial ventures. FEATURES: PRIME LOCATION: - Situated in a bustling downtown core, near shops, restaurants and amenities - C5 ZONING: Allows for retail, office space, personal services, and more, providing flexibility for various business opportunities. - VICTORIAN CHARM: Elegant architecture that complements Orangeville's historic appeal. - CURRENT USE: Fully Leased Triplex. - INVESTMENT POTENTIAL: Opportunity to capitalize on Orangeville's growth; with potential for increased rental income or conversion to Commercial Use. This property is ideal for Investors, Business Owners, or those looking to diversify their portfolio. Don't miss out on this rare chance to own a charming piece of Orangeville.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-08-28 | 2024-09-23 | 27 | $2,700 | $2,700 | Leased |
Extras
New roof 2020, Fencing in Rear Yard 2021, Furnace 2020. Property is being sold in As Is, Where Is Condition. Permitted Use Attached:
Property Features
Fenced Yard, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Lot Size
50' x 141'
Acreage
< .50
Lot Irregularities
irregular
Fronting
West
Taxes
$5,487 (2023)
Basement
Other
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | 2nd | 23.13' x 15.68' | Hardwood Floor, Eat-In Kitchen, Combined W/Great Rm |
Prim Bdrm | 2nd | 13.22' x 11.19' | Hardwood Floor |
2nd Br | 2nd | 9.22' x 11.68' | Hardwood Floor |
3rd Br | 2nd | 12.96' x 10.50' | Hardwood Floor |
Kitchen | Ground | 9.58' x 11.94' | Hardwood Floor, Eat-In Kitchen |
Prim Bdrm | Ground | 9.58' x 12.30' | Hardwood Floor |
2nd Br | Ground | 8.50' x 10.96' | Hardwood Floor |
Kitchen | Ground | 14.99' x 8.27' | Hardwood Floor, Eat-In Kitchen |
Prim Bdrm | Ground | 8.69' x 7.02' | L-Shaped Room |
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Listing contracted with Re/Max Crosstown Realty Inc.
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Attention Investors! This charming century home, divided into 3 separate living units, is fully occupied with tenants willing to stay, undergoing upgrades, including new floors in the bedroom and living area. The property boasts a convenient location close to the GO Bus Terminal and within easy walking distance to downtown amenities. Each unit has its own entrance and is separately metered for hydro. Recent upgrades include a renovated main floor (2018), a renovated second floor (2019), basement floors, paint (2024) roof (2019), and a refreshed driveway (2021). There is ample parking and a large lot offering potential for expansion. Don't miss this investment opportunity!
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