9 Second Avenue, Orangeville | Image 1

9 Second Avenue

Orangeville, Orangeville

  • Commercial

$1,050,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: R2 - residential

  • Age: No Data

  • Taxes: 5403.55

  • MLS®#: W9259017

  • Days on Site: 45 Days

  • Added: Aug 17, 2024 (1 month ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: ROYAL LEPAGE RCR REALTY

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

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Orangeville

  • Community: Orangeville

  • Availability Date: Flexible

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 6

Fees

  • Tax Year: 2024

  • Taxes: $5,404

  • Taxes Type: Annual

Land

  • Cross Street: Second Ave & First S

  • Municipality District: Orangeville

  • Lot Depth: 188 Feet

  • Lot Frontage: 67.2 Feet

  • Lot Irregularities: APRD

  • Zoning: R2 - residential

Commercial Specific

  • Sprinklers: N

  • Total Area: 1900

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Lot Code: Building

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Walker's Paradise

  • Daily errands do not require a car.
94 /100

Some Transit

  • Most errands require a car.
28 /100

Bikeable

  • Some errands can be accomplished on bike.
66 /100
JK-8

St Peter Separate School

Elementary: Catholic
1.26 km
JK-8

Princess Margaret Public School

Elementary: Public
0.92 km
JK-8

Parkinson Centennial School

Elementary: Public
1.53 km
JK-8

Credit Meadows Elementary School

Elementary: Public
1.59 km
JK-8

Island Lake Public School

Elementary: Public
1.64 km
JK-8

Princess Elizabeth Public School

Elementary: Public
0.80 km
11-12

Dufferin Centre for Continuing Education

Secondary: Public
0.91 km
9-12

Erin District High School

Secondary: Public
16.11 km
9-12

Robert F Hall Catholic Secondary School

Secondary: Catholic
19.53 km
Pre-Grade 9-12

Centre Dufferin District High School

Secondary: Public
19.90 km
9-12

Westside Secondary School

Secondary: Public
2.82 km
Pre-Grade 9-12

Orangeville District Secondary School

Secondary: Public
0.48 km
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