5 Fourth Avenue

Orangeville, Ontario L9W1G5

MLS # W13570616

$949,000

Property Details

Type

Triplex

Beds

Baths

Status

For Sale

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About this property

A smart way to enter the Orangeville real estate market while letting rental income help with the mortgage. Welcome to 5 Fourth Avenue, a well-maintained triplex in a convenient location just off First Street and within walking distance of downtown Orangeville, shops, restaurants, parks, schools and everyday amenities. The property features three self-contained units, including two spacious 2-bedroom apartments on the main floor and a 1-bedroom apartment on the upper level. Each unit offers a functional layout with a 4-piece bathroom, while both main floor units also feature in-suite laundry. Each unit has its own separate hydro meter, simplifying utility management. For a first-time buyer, this could be an opportunity to live in one unit while renting the others, helping offset the cost of homeownership and potentially increasing your buying power compared with purchasing a single-family home. For investors, the three-unit configuration provides multiple income streams and the opportunity to add a solid, income-producing property to a growing portfolio. Whether you're looking to generate strong rental income, add to your investment portfolio, or live in one unit while renting the others, this versatile property offers incredible potential in one of Orangeville's most convenient locations. Don't miss your chance to own a solid income-producing property in a thriving community.

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Property taxes: about $599/month based on listed annual taxes.

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Rooms

Room	Level	Dimensions
Kitchen	Main level	2.72 x 3.85
Dining room	Main level	2.84 x 3.14
Kitchen	Second level	2.74 x 3.1
Living room	Second level	5.14 x 3.93
Bedroom	Second level	3.58 x 3
Living room	Main level	4.64 x 3.65
Bedroom	Main level	3.57 x 2.68
Bedroom 2	Lower level	3.58 x 5.76
Kitchen	Main level	3.22 x 3.49
Living room	Main level	4.92 x 3.47
Bedroom	Main level	3.7 x 3.23
Bedroom 2	Main level	3.7 x 2.66
Den	Lower level	3.7 x 2.52