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    For Sale - 72 First Street, Orangeville, Ontario

    Est payment $60,024/mo
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    Time on Jump  14 day

    AI Summary *

    • 34-unit concrete apartment building with a mix of one- and two-bedroom suites, plus a bachelor unit.
    • Major upgrades include a replacement roof, boiler system, restored balconies, and new railings.
    • 25 updated suites feature modern finishes, in-suite laundry, and dishwashers.
    • Renovated common areas and an on-site superintendent support day-to-day operations.
    • Established neighborhood near a hospital, shopping, restaurants, and community amenities.




    Prime multi-residential investment opportunity 34-unit, 23 - 2 bdrm, 10 - 1 bdrm, 1 - bach. 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.
    Listing IDW14119252
    Address72 First Street
    CityOrangeville, Ontario
    Price$12,500,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentCommunity Features Major Highway, Public TransitHeating / Cooling Water RadiatorsSewer Sanitary+Storm

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    Listing Brokerage: LEAF AND PALM REALTY CORP.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    72 First Street
    Orangeville , Ontario
    $12,500,000
    Get more info