$1,127,500
7.09 BTC
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50 Third Street H, Orangeville
$1,127,500
PRICE
8
BEDROOMS
4
BATHROOMS
W12242360
MLSID

50 Third Street H, Orangeville

Are you looking for an opportunity to live and rent out, or an investment to rent out all units. This fourplex apartment building, featuring four units, each Apartment has approx 1000 sq ft plus parking lots for 6 cars, 2 bedrooms and 1-4pc bathroom, available with Vendor Take-Back (VTB) financing on approved credit at reasonable rates offers an ideal investment opportunity. Each unit, equipped with its own hot water supply, tenants pays for its own hydro. The building features two upper-level apartments with balconies and two lower-level walk-out apartments. Conveniently located next to Zehrs Shopping Centre and close to downtown, it also offers easy access to a nearby park, making it an attractive option for tenants. Currently fully tenanted with Good long term Tenants, Parking out front, close to Downtown, parks, Shopping Centre, Quiet and comfortable living **EXTRAS** Total Revenue : Unit 1 $1,025 per month, Unit 2 $925 per month, Unit 3 $1,530 per month, Unit 4 $1,025 per month total $4,505.00/month x 12 $54,060.00/year, Each of the fourplex are owners as a 1/8th owner of the common areas property PIN 34021-0003. Share expenses for the snow removal, lawn cutting, garbage removal approx $600 per month to executive committee manager.
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Summary

Address
50 Third Street H
Community
MLSID
W12242360
Property Type
Fourplex
Property Category
Bedrooms
8
Bathrooms
4
Kitchens
4
Zoning
RM1
Taxes (Annual)
$7,100.00
Tax Year
2024
Published
June 24, 2025
Days on Market
59 Days
Possession Type
Other
Possession Details
Tbd
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Inclusions

4 Fridge, 4 Stove, 4 Washer, 4 Dryer

Exclusions

Tenant Belongings, Window Air Conditioner

Details

Property Features
Level, Park, Place Of Worship, School, Rec./Commun.Centre
Bathroom 1
4-Piece Main Level
Bathroom 2
4-Piece Main Level
Bathroom 3
4-Piece Second Level
Bathroom 4
4-Piece Second Level
Parking Spaces
6
Parking Total
6
Parking Features
Available
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Brick, Vinyl Siding
Lot Width
92 Feet
Water
Municipal
Heat Source
Electric
Heat Type
Baseboard
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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