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239 Broadway, Orangeville
Neighbourhood:
DOWNTOWN
Price: $1,399,900
| 5+1 Bed | 6 Bath | 2 1/2 Storey Style |
Property Description
Don't pass up this amazing opportunity to own a piece of history! Built in 1895, this beautiful Queen Anne is historically designated and features four residential units, one commercial unit, and a detached 2-car garage. What better location for an income property than a corner lot right on Broadway, in the heart of downtown Orangeville?
This unique property is zoned Central Business District which allows for a variety of uses including mixed commercial and residential. The commercial unit, fronting onto Broadway, is currently set up with a reception area, full kitchen, two washrooms and four private offices.
1A, a charming 1 bed, 1 bath unit on the main floor accessed from Broadway, features soaring high ceilings, wood flooring and a variety of architectural details throughout. This bright unit is filled with light, thanks to two bay windows - one in the bedroom, the other in the living room - as well as a functional kitchen and three piece bath with walk-in shower.
1B, accessed through the fully fenced rear courtyard, is a 2 bed, 1 bath unit with exclusive use of the basement. The main floor of this unit boasts one bedroom, a three piece bath, living room and eat-in kitchen while the lower level offers the over-sized primary bedroom, storage, and the bonus of a private laundry.
Situated at the front of the building, the common area with gorgeous Palladian style window and stunning staircase is where the laundry for units 1A, 2A and 2B is located. This area also provides additional storage space and access to the second floor.
Upstairs, 2A is a truly unique 1 bed, 1 bath unit, with an open concept kitchen and living area, good-sized bedroom with architectural details and bow window overlooking Broadway as well as the three piece bath where the entire bathroom is a walk-in shower - very cool!
The final unit, 2B is a 2 bed, 1 bath unit offering a generous kitchen with built-in storage, bright living room and four piece bath with separate shower before heading to the third floor where the two bedrooms are located.
Generating approximately $80,000+ yearly, with fantastic long term tenants and exclusive parking for 6 vehicles off of Faulkner, this property is a fantastic opportunity for anyone looking to expand their real estate portfolio.
Check out the video from last time this property was for sale!
DOWNTOWN
Established as early as Orangeville itself, the Downtown neighbourhood is arguably one of the most desired locations to live. Victorian homes, tall trees, and large lots characterize this neighbourhood, located right in the heart of Orangeville. Development began in the 1800's, and focused on Broadway and the immediately surrounding streets. Names of many of the original owners have achieved local celebrity status, such as Ketchum, Morrow, Riddell, McKitrick, Foley and Faulkner.
School District: Princess Elizabeth Public School (North side of Broadway to First St. and North of Second Ave.) Princess Margaret Public School (South side of Broadway to First St. and South of Second Ave.); Orangeville District Secondary School
French Immersion: North of Broadway - (JK-5) Princess Elizabeth Public School, (6-8) Mono Amaranth Public School / South of Broadway - (JK-3) Parkinson Centennial Public School, (4-7) Spencer Avenue Elementary School, (8) Mono Amaranth Public School; Erin District High School
School District: Princess Elizabeth Public School (North side of Broadway to First St. and North of Second Ave.) Princess Margaret Public School (South side of Broadway to First St. and South of Second Ave.); Orangeville District Secondary School
French Immersion: North of Broadway - (JK-5) Princess Elizabeth Public School, (6-8) Mono Amaranth Public School / South of Broadway - (JK-3) Parkinson Centennial Public School, (4-7) Spencer Avenue Elementary School, (8) Mono Amaranth Public School; Erin District High School
Catholic School District: St. Andrew Elementary School (North side of Broadway) St. Peter Elementary School (South side of Broadway); Robert F. Hall Catholic Secondary School
French Immersion: (5-8) St. Andrew Catholic School; Robert F. Hall Catholic Secondary School
More about DOWNTOWN
French Immersion: (5-8) St. Andrew Catholic School; Robert F. Hall Catholic Secondary School
Additional Information
- MLS #W5322446/W5324094
- TypeDetached
- Annual Taxes$7409.91
- Walkscore88
- Above Grade4630 sq ft
- Total Living Space5299 sq ft
- Lot Size50ft x 132ft
- Garage/ParkingDetached 2-Car
Average Utility Costs
- Gas$4,449.69/yr
- Hydro$5,734.24/yr
Rental Items
- Hot Water Heaterx3
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