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Key Details
Sold Price $1,020,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID W9259013
Sold Date 10/29/24
Style 2-Storey
Bedrooms 3
Annual Tax Amount $5,403
Tax Year 2024
Property Description
Introducing a remarkable opportunity to own a semi-detached triplex in the heart of downtown Orangeville. Welcome to this exceptional new listing at 9 Second Avenue in Orangeville. This property offers a compelling blend of living and investment potential, perfect for buyers seeking both a home and a sound income source. This intriguing property presents a rare investment opportunity in the heart of downtown Orangeville. Designed as a triplex, this house is comprised of three self-contained one-bedroom with one-4 piece bathroom units; each offering distinct charm and appeal. This property stands out not only for its potential as a steady income source but also for its ability to accommodate homeowners looking to offset their mortgage payments. Live comfortably in one unit while the other two generate rental income, thereby utilizing existing rentals to aid in your purchase qualification. Each unit in this triplex features functional living spaces geared towards comfort and practicality, making it highly attractive. Given its downtown location, residents enjoy the convenience of being close to shopping, dining, and entertainment options; all of which enhance the living experience and add value to this property's desirability. For those with vehicles, parking will never be an issue. The property includes ample space for residents and guests alike; ensuring that each unit has access to two parking spaces (6 total) which enhances its attraction. Whether you are an investor seeking to expand your portfolio or a buyer looking for a home that helps in mortgage payment through rental income, this property offers both profitability and liveability in one of the most sought-after downtown areas in Orangeville. Don't miss out on this versatile real estate opportunity. Explore the potential of 9 Second Avenue and redefine your investment or living strategy in this prime downtown location today.
Location
Province ON
County Dufferin
Zoning R2 -Residential: 3 self contained units
Rooms
Family Room No
Basement Unfinished
Kitchen 3
Interior
Interior Features Separate Hydro Meter, Water Heater
Cooling None
Exterior
Exterior Feature Porch
Garage Private
Garage Spaces 6.0
Pool None
Roof Type Asphalt Shingle,Flat
Parking Type None
Total Parking Spaces 6
Building
Foundation Stone
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