Property Description
Great opportunity to own a building in the heart of thriving Downtown Orangeville!
Two commercial units, approx 450 sq ft ($1,060 per month increasing 3% in July) and 650 sq ft ($1,239 per month), with established, well-known long term tenants. Upper level features approx 950 square feet of residential space with a 2 bedroom, 1 bathroom apartment featuring a large deck outside leading to the parking lot with a total of 8 spaces. The residential unit is curently rented for $971 per month. All tenants pay their own utilities with the exception of water.
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 #W4707053
- Annual Taxes$10953.91
- Walkscore80
- Above Grade2050 sq ft
- Garage/Parking8 Spaces Behind
Average Utility Costs
- Water$250
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