48 FIRST STREET, Orangeville

$925,000

For sale: Multiplex

Multiplex at 48 FIRST STREET, Orangeville
Property type
Duplex
Bedrooms / bathrooms
5 bedrooms, 3 bathrooms
Living area
3,000 sqft
MLS®
MLS® W13597062
Neighbourhood
Orangeville

Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the other, or explore future commercial possibilities, this versatile duplex offers exceptional value in the heart of Orangeville. This solid brick semi-detached duplex features 2539 sq ft of living space with two self-contained units, each offering private entrances, separate laundry facilities, and separately metered hydro and gas for added convenience and simplified expense management. The main floor unit offers a spacious layout with 3 bedrooms, a 4-piece bathroom, an additional 2-piece bathroom, and its own in-suite laundry. Upstairs, the second unit features 2 bedrooms, a 4-piece bathroom, private laundry, and a generous loft that provides flexible additional living space. Adding to its appeal, the property zoning allows for a variety of future possibilities beyond its current residential use, offering outstanding flexibility for investors and entrepreneurs alike. Situated in Orangeville's vibrant downtown, occupants will enjoy easy access to restaurants, cafés, shopping, parks, schools, and all the amenities that make this thriving community such a desirable place to live and work. A rare opportunity to own a well-maintained income property with future development potential in one of Orangeville's most sought-after locations.

Sold data

Homes in Orangeville — recent sold market

Homes in Orangeville took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 50, across 87 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.

The median sale price was $759,900.

Homes sold for about 1.9% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
29
Median sale price
$759,900
Sale-to-list ratio
98.1%
Sold above asking
8%

Based on 87 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Orangeville

Orangeville has 13 Fraser Institute–rated schools (12 elementary and 1 secondary), averaging 5.9/10.

Rated schools
13
Elementary
12
Secondary
1
Average rating
5.9 / 10

Top-rated schools in Orangeville

  • Laurelwoods — elementaryFraser rating 9.0/10
  • Credit Meadows — elementaryFraser rating 6.8/10
  • Island Lake — elementaryFraser rating 6.7/10
  • Spencer Avenue — elementaryFraser rating 6.6/10
  • Princess Margaret — elementaryFraser rating 6.2/10
  • Montgomery Village — elementaryFraser rating 6.1/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 48 FIRST STREET