72 First St, Orangeville, ON

Name: 72 First St, For Sale in Orangeville - Zoocasa
Brand: LEAF AND PALM REALTY CORP.
SKU: W14119252
Price: 12500000 CAD

House

For Sale

Listed price in listed location currency (CAD).

$12,500,000

0038

MLS® W14119252

Overview

Key Facts

Type

Levels Commercial Sale

Size -

Garage None

Taxes $51,826

Days Active 0

Lot Size

Approx. Age

MLS® Number W14119252

Property Address: 72 First St, Orangeville, ON, L9W2E4

Average square foot calculated using Size range provided by listing agent.

Description

PRIME MULTI-RESIDENTIAL INVESTMENT OPPORTUNITY 34-Unit Concrete Apartment Building | Orangeville, Ontario. Exceptional opportunity to acquire a well-maintained, solidly constructed 34-unit concrete apartment building situated in a desirable and established neighborhood in Orangeville, Ontario. This quality multifamily investment property has benefited from significant capital improvements, including a roof replacement, upgraded Lochinvar boiler heating system, concrete balcony restoration, and replacement of balcony railings, contributing to the building's long-term durability and operational efficiency. The property features recently renovated common areas and 25 updated residential suites, offering modern finishes and desirable amenities, including in-suite washers and dryers and dishwashers. These improvements enhance resident comfort, convenience, and the property's overall rental appeal. Professionally managed and efficiently operated, the building benefits from an experienced on-site superintendent, providing streamlined day-to-day operations and making it an attractive investment for both established and first-time multifamily investors. Strategically located in a sought-after residential neighbourhood, the property offers convenient access to Headwaters Health Care Centre, shopping centres, restaurants, commercial retail, and essential community amenities. A rare opportunity to acquire a substantial, extensively improved multifamily asset in the growing Orangeville community, combining quality concrete construction, significant capital upgrades, modernized residential accommodations, and professional on-site management. An outstanding addition to any real estate investment portfolio, offering long-term income potential, operational stability, and investment appeal.

MLS® NumberW14119252

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageNone

Approx. Age

Basement

DrivewayGarage Type:None

Garage Spaces

HeatWater Radiators

A/CPartial

Extras

Map

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