$1,349,000

For sale

300 A Broadway, Orangeville - Multi-family for Sale

300 A Broadway, Orangeville, Ontario, L9W1L3

4 beds2 baths12 parking1,750 ft²66 × 327 ft (21,425 sq ft) lot sizeListed 28 days ago

Overview

This multi-family property in Orangeville is for sale offering roughly 1,750 sq ft of space. It has been on the market 28 days, fresher than the Orangeville average of 60 days.

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Description

Exceptional opportunities with this legal and well maintained duplex in a great Broadway location. Close to all amenities Orangeville has to offer (fine dining, opera house, shopping, schools, trails parks and more). Floor plans attached. Detached oversize garage, paved rear grounds allows for ample parking. Ideal situation for home occupation with a rental unit or simply as a solid investment property. Walk in basement has tons of potential. New roof in fall of 2025. Portion of rear yard is rented to neighbouring commercial business for staff parking (no lease). 2 furnaces say tenants pay their own heat. Garage is 24' x 34' (heated for year round use). Shared laundry in basement. Interior stairs to both units from basement as well as street front entry. Endless possibilities. Building will be vacant on closing so you can set your own rental rates (currently occupied by immediate family). (id:66096)

Property Details

MLS®: W13870140
Property Type: Multi-family
Bedrooms: 4
Beds (above / below): 2 above · 2 below
Bathrooms: 2
Parking: 12
Interior Size: 1,750 ft²
Lot Size: 66 × 327 ft (21,425 sq ft)
Frontage: 66 ft
Storeys: 2
Basement: Separate entrance, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: Detached Garage, Garage
Property Tax: $6,596/yr
Listed: 28 days ago

Rooms

Main level

Kitchen: 3.05 x 2.44 meters
Eating area: 2.44 x 2.29 meters
Living room: 4.88 x 3.66 meters
Bedroom: 3.11 x 2.74 meters
Bedroom: 3.35 x 2.13 meters

Second level

Kitchen: 3.05 x 2.44 meters
Eating area: 2.44 x 2.29 meters
Living room: 4.88 x 3.66 meters
Bedroom: 3.11 x 2.74 meters
Bedroom: 3.05 x 2.44 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Water meter, Stove, Water Heater
Flooring: Carpeted, Vinyl
Foundation: Concrete
Exterior: Brick, Vinyl siding
Lot Features: Paved yard

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

Orangeville listings, avg age

60d

Price / ft²

$771

List price

$1.35M

Haho

This 4-bed multi-family in Orangeville has been listed for 28 days, which is 32 days fresher than the city average of 60. Act while there is still low competition.

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Listed by RE/MAX REAL ESTATE CENTRE INC. · LORIE ANN HADDOCK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9W)

This home lists at $1,349,000, about 12.3× the local median household income of $110,000.

Carrying it typically needs a household income of about $263,507 (20% down, 25-yr amortization, stress-tested) — roughly 140% above the area median.

Median household income: $110,000
Population: 48,790
Median age: 40.4
Owner / renter: 81% / 19%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L9W)

$1,349,000· $771/ft²

For sale

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Full Cost Breakdown

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Down Payment8.15% · $109,900.00

Min 8.15%50%

Mortgage payment$6,870/mo

↳ CMHC premium ($49,564 capitalized)

Property tax (est.)$550/mo

Total monthly$7,419

Cash Needed to Close

Down payment (8.15%)$109,900

Land transfer tax$23,455

Est. closing costs$6,547

Total cash needed$139,902

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