5 FOURTH AVENUE, Orangeville
$949,000
For sale: Multiplex
- Property type
- Triplex
- Bedrooms / bathrooms
- 5 bedrooms, 3 bathrooms
- Living area
- 2,500 sqft
- MLS®
- MLS® W13570616
- Neighbourhood
- Orangeville
A smart way to enter the Orangeville real estate market while letting rental income help with the mortgage. Welcome to 5 Fourth Avenue, a well-maintained triplex in a convenient location just off First Street and within walking distance of downtown Orangeville, shops, restaurants, parks, schools and everyday amenities. The property features three self-contained units, including two spacious 2-bedroom apartments on the main floor and a 1-bedroom apartment on the upper level. Each unit offers a functional layout with a 4-piece bathroom, while both main floor units also feature in-suite laundry. Each unit has its own separate hydro meter, simplifying utility management. For a first-time buyer, this could be an opportunity to live in one unit while renting the others, helping offset the cost of homeownership and potentially increasing your buying power compared with purchasing a single-family home. For investors, the three-unit configuration provides multiple income streams and the opportunity to add a solid, income-producing property to a growing portfolio. Whether you're looking to generate strong rental income, add to your investment portfolio, or live in one unit while renting the others, this versatile property offers incredible potential in one of Orangeville's most convenient locations. Don't miss your chance to own a solid income-producing property in a thriving community.
Sold data
Homes in Orangeville — recent sold market
Homes in Orangeville took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 53, across 88 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.
The median sale price was $749,900.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
- Median days to sell
- 27
- Median sale price
- $749,900
- Sale-to-list ratio
- 97.2%
- Sold above asking
- 10%
Based on 88 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 5 FOURTH AVENUE
$925,000
Multiplex532,500–3,000 sqft48 FIRST STREET, Orangeville, Orangeville
$979,900
Detached4+131,500–2,000 sqft22 RANDY AVENUE, Rural Mono, Mono
$879,000
Detached5+231,100–1,500 sqft74 JOHN STREET, Orangeville, Orangeville
$899,999
Detached432,000–2,500 sqft1 LANG LANE, Rural East Luther Grand Valley, East Luther Grand Valley
$999,000
Detached4+131,500–2,000 sqft71 HUNTER ROAD, Orangeville, Orangeville
$999,000
Detached5+142,000–2,500 sqft124 JORDAN DRIVE, Orangeville, Orangeville
$849,999
Detached5+231,100–1,500 sqft19 CARDWELL STREET, Orangeville, Orangeville
$899,000
Detached332,000–2,500 sqft25 HILBORN STREET, Rural East Luther Grand Valley, East Luther Grand Valley