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$1,050,000
Available - For Sale
Listing ID: W9259017
Introducing a promising opportunity for homeowners and investors alike at 9 2nd 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
Price $1,050,000
Taxes: $5,403.55
Tax Type: Annual
Occupancy by: Own+Ten
Address: 9 Second Ave , Orangeville, L9W 1H4, Ontario
Postal Code: L9W 1H4
Province/State: Ontario
Lot Size: 67.2 x 188 (Feet)
Directions/Cross Streets: Second Ave & First St
Zoning: R2 - residential
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: 1,900
Total Area Code:  Sq Ft
Area Influences: Public Transit   Rec Centre
Sprinklers: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: N
Water: Municipal
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE RCR REALTY

9 Second Ave , Orangeville, L9W 1H4, Ontario


 
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Type: Com - Investment
Area: Dufferin
Municipality: Orangeville
Neighbourhood: Orangeville
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Lot Size: 67.20 x 188.00(Feet)
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Tax: $5,403.55
Maintenance Fee: $0
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