5 FOURTH AVENUE, Orangeville

$949,000

For sale: Multiplex

Multiplex at 5 FOURTH AVENUE, Orangeville
Property type
Triplex
Bedrooms / bathrooms
5 bedrooms, 3 bathrooms
Living area
2,500 sqft
MLS®
MLS® W13570616
Neighbourhood
Orangeville

Exceptional Investment Opportunity in the Heart of Orangeville! Welcome to 5 Fourth Avenue, a well-maintained triplex offering an excellent opportunity for investors or those looking to expand their real estate portfolio. Ideally located just off First Street, this property is within walking distance to downtown Orangeville's shops, restaurants, parks, schools, and everyday amenities, making it a highly desirable location for tenants. The building features three self-contained units, including two spacious main floor 2-bedroom apartments and one upper-level 1-bedroom apartment. Each unit offers a functional layout complete with a 4-piece bathroom. Both main floor units include the convenience of in-suite laundry. Each unit has its own separate hydro meter, simplifying utility management. 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 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.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

  • LaurelwoodselementaryFraser rating 9.0/10
  • Credit MeadowselementaryFraser rating 6.8/10
  • Island LakeelementaryFraser rating 6.7/10
  • Spencer AvenueelementaryFraser rating 6.6/10
  • Princess MargaretelementaryFraser rating 6.2/10
  • Montgomery VillageelementaryFraser 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