
72 First Street
Orangeville, ON
- 31,000 sqft
- Investment
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 Details
- Taxes (2025)
- $69,740
- Listed
- October 27, 2026
Price History
Property
- Lot Size
- 132 x 328 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- HWY 10 and First Street
- Zoning
- RM2
- Parcel Number
- 340320225
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - Over 20 Units
Included
- Inclusions
- 34 Fridges, 34 Stoves
- Rental Items
- none
Community
Postal area L9W
- Population
- 48,790
- Private dwellings
- 17,840
- Median age
- 40.4
- Average household size
- 2.8
- Median household income
- $110,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Orangeville · last 12 months
- Median sold price
- $730,500
- Homes sold
- 342
- Median days on market
- 28
- Sale-to-list price
- 97.2%
Based on 342 recorded sales of commercial properties in Orangeville over the last 12 months.
Listed by
LEAF AND PALM REALTY CORP.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 31,000 sq ft
- Price per sq ft
- $403.23
- Annual property tax
- $69,740
- Tax per sq ft
- $2.25
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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