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5 Fourth Avenue
homes for sale · Orangeville
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$949,000

5 Fourth Avenue

Orangeville · MLS® W13570616

539

House · Multi-family · 100 days on market

listed by JOHN WALKINSHAW, EXP REALTY

realtor's description

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.

property details

type
House, Multi-family
bedrooms
5
bathrooms
3
parking
9
property tax
$7,186 / yr
days on market
100
MLS®
W13570616

monthly cost

$4,734/mo
Mortgage $4,135 · Tax $599

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$4,135/ monthly
loan $759,200
25-year amortization
total interest
$481,211
cash to close
$189,800
down payment; transfer tax and fees not included
total paid
$1,240,411

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

OrangevilleGoogle Maps ↗

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
JOHN WALKINSHAW
EXP REALTY
call JOHN · 519-942-7413
Powered by: REALTOR.ca

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location

OrangevilleGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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