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.
Full Property Details
Interior
Bedrooms
5
Total Bedrooms
5
Washrooms
3
Square Footage
2000-2500 sqft
Basement
Full
Heating Source
Electric
Heating Fuel
Baseboard
Air Conditioning
None
Family Room
Yes
Kitchens
3
Total Kitchens
3
Fireplace Features
No
Bedrooms
5
Total Bedrooms
5
Washrooms
3
Square Footage
2000-2500 sqft
Basement
Full
Heating Source
Electric
Heating Fuel
Baseboard
Air Conditioning
None
Family Room
Yes
Kitchens
3
Total Kitchens
3
Fireplace Features
No
Exterior
Depth
120.0
Front
60.0
Lot Size
60 x 120.0 ft
Pool
None
Parking Spaces
9
Total Parking Spaces
9.00
Parking Description
Detached
Garage Spaces
1
Depth
120.0
Front
60.0
Lot Size
60 x 120.0 ft
Pool
None
Parking Spaces
9
Total Parking Spaces
9.00
Parking Description
Detached
Garage Spaces
1
Building Description
Style
1 1/2 Storey
Home Type
Apartment
Subtype
Triplex
Property Orientation
North
Exterior Finish
Brick
Sewers
Sewers
Water Supply
Municipal
Possession Date
No Data
Style
1 1/2 Storey
Home Type
Apartment
Subtype
Triplex
Property Orientation
North
Exterior Finish
Brick
Sewers
Sewers
Water Supply
Municipal
Possession Date
No Data
Community
Community
Orangeville
Community
Orangeville
Taxes & Fees
Taxes
$7,186 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$7,186 /yr
Tax Year
2025
Occupancy
Tenant
Room Types
Bedroom
-
Dimensions 11.71 x 8.79 feet
102.93 sqft
Bedroom
-
Dimensions 12.14 x 10.6 feet
128.68 sqft
Bedroom 2
-
Dimensions 11.75 x 18.9 feet
222.08 sqft
Bedroom 2
-
Dimensions 12.14 x 8.73 feet
105.98 sqft
Den
-
Dimensions 12.14 x 8.27 feet
100.4 sqft
Dining Room
-
Dimensions 9.32 x 10.3 feet
96 sqft
Kitchen
-
Dimensions 10.56 x 11.45 feet
120.91 sqft
Kitchen
-
Dimensions 8.92 x 12.63 feet
112.66 sqft
Kitchen
-
Dimensions 8.99 x 10.17 feet
91.43 sqft
Living Room
-
Dimensions 15.22 x 11.98 feet
182.34 sqft
Living Room
-
Dimensions 16.14 x 11.38 feet
183.67 sqft
Living Room
-
Dimensions 16.86 x 12.89 feet
217.33 sqft
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