58 First St
Orangeville, Orangeville, L9W 2E4
FOR SALE
$899,000
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3 + 2
BEDROOMS4
BATHROOMS1 + 1
KITCHENS5 + 5
ROOMSW11919190
MLSIDContact Us
Property Description
Once in a lifetime investment. Legal duplex with C-5 zoning passed by city of Orangeville. This diamond in the rough provides many options. 1) Expansion of existing footprint to add Professional or retail space. 2) Build a third unit to create a legal triplex 3)Expand Second Floor unit with Addition of 3rd floor loft. 4)Upgrade / Expand existing units to increase future potential one floor is rented at $2400/Month. 1 upper floor 3 bedrooms, 2 washrooms plus finished office with plenty of space can be converted into 4th Bedroom. Main Floor- 2 Bedrooms, 1.5 washrooms, + Living room, family Room **EXTRAS** Extensive reno done in whole more than 150k. Upper floor newly renov. New Concrete work all around Driveway. Separate kitchen & Laundry. 5 entrances to the property. All the inspections passed by the city of Orangeville with all paperwork.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-01-30 | 2022-01-31 | 4 | $957,000 | $930,000 | Sold |
| 2021-07-27 | 2021-10-27 | 92 | $975,000 | - | Expired |
Property Features
Campground, Hospital, Lake/Pond, Public Transit, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
58' x 152'
Fronting
East
Taxes
$6,200 (2024)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
10
Driveway
Available
Garage Type
None
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Orangeville Market Statistics
Orangeville Price Trend
58 First St is a 3-bedroom 4-bathroom home listed for sale at $899,000, which is $34,181 (3.7%) lower than the average sold price of $933,181 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Orangeville increased by $70,681 (8.2%) compared to the previous 30 day period (December 22 - January 20) and up $163,848 (21.3%) from the same time one year ago.Inventory Change
There were 28 3-bedroom homes listed in Orangeville over the last 30 days (January 21 - February 19), which is up 75.0% compared with the previous 30 day period (December 22 - January 20) and down 6.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Orangeville typically sold ($16,527) (1.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $4,923 increase compared to the previous 30 day period (December 22 - January 20) and ($29,624) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Orangeville over the last 30 days (January 21 - February 19) stood at 78.6%, up from 75.0% over the previous 30 days (December 22 - January 20) and up from 60.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Orangeville stood at 17 days when successfully sold over the last 30 days (January 21 - February 19), compared to 96 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Miracle Realty Ltd
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