For saleMLS® W14119252

72 First Street, Orangeville, ON L9W 2E4

Orangeville · Near HWY 10 and First Street · View map

$12,500,000
31000Sq ft
InvestmentType
38 totalParking
$69,740/yrTaxes
$12,500,000
FreeholdNo monthly condo fee
Parking for 38Comes with the home
Lot 132 x 328 ftThe land comes with the home

About this home

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.

The home

Type
Investment
Square footage
31000 sq ft
Lot size
132 x 328 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Water Radiators
Air conditioning
Partial

Garage & parking

Driveway spaces
38
Total parking
38

Taxes & other

Property taxes
$69,740/yr
Tax year
2025
Occupancy
Tenant
Possession
Flexible
Cross street
HWY 10 and First Street
Neighbourhood
Orangeville

More

MLS® number
W14119252

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$56,233per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    72 First Street, Orangeville, ON L9W 2E4

    Orangeville · Near HWY 10 and First Street

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    Sold history

    Listing history for 72 First Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 72 First Street

    Answers come straight from this home’s MLS® listing.

    How much is 72 First Street listed for, and what would it cost each month?

    72 First Street is listed for $12,500,000. With 20% down ($2,500,000), the mortgage payment would be roughly $50,422 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $56,233 a month, all in. That figure is an illustration, not a quote.

    Is 72 First Street freehold or a condo, and is there a monthly fee?

    72 First Street is a investment in Orangeville. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 72 First Street have a garage and parking?

    The listing does not show a garage. The driveway adds 38 spaces. In total the listing counts 38 parking spaces.

    What style of home is 72 First Street?

    72 First Street is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 72 First Street, and what is the lot size?

    The lot is listed as 132 x 328 ft.

    How is 72 First Street heated and cooled?

    Heating is water radiators. Cooling is partial.

    What are the property taxes for 72 First Street?

    Property taxes are $69,740 a year (2025), or about $5,812 a month.

    Where is 72 First Street?

    72 First Street is in Orangeville. The nearest main intersection is HWY 10 and First Street. The postal code is L9W 2E4.

    Is 72 First Street still for sale?

    Yes. It is an active listing (MLS® W14119252). Listings here update from the board through the day and come down once a home sells.

    What have homes at 72 First Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 72 First Street?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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