Property Description
If you've ever considered becoming a landlord, this is an amazing opportunity to own a legal, turn-key investment property with AAA tenants! This well maintained, renovated and upgraded bungalow has two separately metered units and is registered with the Town of Orangeville.
The main level unit has three bedrooms, a bright living room with bay window, combination kitchen/dining room, four piece bath, convenient ensuite laundry and walks out to a deck in the large backyard which has been divided so each tenant has private space.
The lower unit was renovated last year and features two bedrooms and a three piece bath and the attached garage has been converted into a common area with separate lockers for each tenant. Main unit pays $1,250/month + hydro (forced air gas heat). Lower unit pays $1,100/month + hydro (electric baseboard heat).
Neighbourhood
DOWNTOWN
Established as early as Orangeville itself, the Downtown neighbourhood is arguably one of the most desired locations to live. Victorian homes, tall trees, and large lots characterize this neighbourhood, located right in the heart of Orangeville. Development began in the 1800's, and focused on Broadway and the immediately surrounding streets. Names of many of the original owners have achieved local celebrity status, such as Ketchum, Morrow, Riddell, McKitrick, Foley and Faulkner.
School District: Princess Elizabeth Public School (North side of Broadway to First St. and North of Second Ave.) Princess Margaret Public School (South side of Broadway to First St. and South of Second Ave.); Orangeville District Secondary School
French Immersion: North of Broadway - (JK-5) Princess Elizabeth Public School, (6-8) Mono Amaranth Public School / South of Broadway - (JK-3) Parkinson Centennial Public School, (4-7) Spencer Avenue Elementary School, (8) Mono Amaranth Public School; Erin District High School
School District: Princess Elizabeth Public School (North side of Broadway to First St. and North of Second Ave.) Princess Margaret Public School (South side of Broadway to First St. and South of Second Ave.); Orangeville District Secondary School
French Immersion: North of Broadway - (JK-5) Princess Elizabeth Public School, (6-8) Mono Amaranth Public School / South of Broadway - (JK-3) Parkinson Centennial Public School, (4-7) Spencer Avenue Elementary School, (8) Mono Amaranth Public School; Erin District High School
Catholic School District: St. Andrew Elementary School (North side of Broadway) St. Peter Elementary School (South side of Broadway); Robert F. Hall Catholic Secondary School
French Immersion: (5-8) St. Andrew Catholic School; Robert F. Hall Catholic Secondary School
More about DOWNTOWN
French Immersion: (5-8) St. Andrew Catholic School; Robert F. Hall Catholic Secondary School
Additional Information
- MLS #W3763971
- TypeDetached
- Annual Taxes$5220.58
- Walkscore64
- Lot Size60ft x 120ft
- Shingles2005 (Approx)
- HeatingForced air gas/Baseboard
- Furnace2013
- BaseboardsDown
- Central AirNone
- Hot Water HeaterOwned
- ElectricalSplit
- WiringCopper
- Panel2x 100 amp
- BreakersBoth
- Water SoftenerNone
- FoundationCinder Block
Average Utility Costs
- Gas$110, including water
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