9 Second Ave

Orangeville | Orangeville | L9W 1H4
  • 3
  • 3
  • 0

$1,050,000

Est. Mtg $3,560 /mo
  • Days on market

    50

  • Status

    Ext

Listing Broker ROYAL LEPAGE RCR REALTY
Since listed: 0 views

Home details

MLS #:

W9259013

Property type:
Triplex
Style:
2-Storey
Taxes:
$5,404
Possession:
Flexible
Lot Front:
67.2   Feet
Lot Depth:
188.0   Feet
Basement:
Unfinished |
Driveway Pkg:
6
Heat:
Gas | Forced Air

Description


9 Second Ave, , Orangeville, Ontario is a Triplex property in Orangeville and in the Orangeville community in the L9W 1H4 postal code


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..

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.


History

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List Date End Date List Price End Price Status MLS #
1995-03 2024-02 $129,800 $124,000 Sld X7697840
2001-10 2024-02 $127,900 $123,500 Sld X7627901
2005-05 2024-01 $164,900 $158,000 Sld X7490744
2014-04 2024-01 $193,900 $185,000 Sld X7576464
2020-03 2020-03 $775,000 $775,000 Ter W4714392
2020-03 2020-04 $755,000 $755,000 Sus W4730273
2020-08 2020-11 $775,000 $725,000 Sus W4865848
2021-10 2022-01 $840,000 $840,000 Sld W5415762
2022-12 2022-12 $1,750 $1,800 Lsd W5843402
2023-10 2023-11 $1,900 $1,850 Lsd W7245872
2024-08 2024-10 $1,050,000 $1,050,000 Ext W9259013
2022-01 $840,000 $840,000 W5415914
2024-10 $1,050,000 $1,050,000 W9259017
2024-01 $23,900 $23,900 X7597210

Comparables

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sold Date Address List Price sold Price DOM
2021-11 9 Second Ave, $840,000 $840,000 5

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Orangeville :

Average sale price

$847,527

Properties sold

44

New Listings

83

Days on Market

11

Sale $ / List $

100%

Year on Year Growth

-8.63%



Estimated running costs for 9 Second Ave

Based on available 3rd party data

$4145

Approximate costs per month

Mortgage
$3560 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$450 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Hospital
  • Library
  • Park
  • Place Of Worship
  • Public Transit
  • School
Listing Broker ROYAL LEPAGE RCR REALTY
Data Source: TRREB

Payment calculator

$4010 monthly. In association with: TD Bank
%
  • Principal and Interest
    3560 /mo
  • Property Taxes
    $450 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Sandro Rocciolo, Realtor

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