56 First Street
Orangeville, Ontario L9W2E4

6 beds · 3 baths · null

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. **** EXTRAS **** New roof 2020, Fencing in Rear Yard 2021, Furnace 2020. Property is being sold in As Is, Where Is Condition. Permitted Use Attached: (id:39198)

Facts & Features

Building Type Triplex

Year built

Square Footage

Stories 2

Bedrooms 6

Bathrooms 3

Parking 4

NeighbourhoodOrangeville

Land size 50.44 x 140.63 FT ; irregular|under 1/2 acre

Heating type Forced air

Basement type

Parking Type

Time on REALTOR.ca16 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: RE/MAX CROSSTOWN REALTY INC.

Powered by: REALTOR.ca

Home price

$899,900

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$8,186 / month

Rent $7,239

Savings $947

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$7,214 / month

Rent $7,017

Savings $197

Initial deposit 5%

Savings target Fixed at 5%

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