ON > Orangeville > Orangeville
Orangeville, ON L9W 2X2,40 Centre ST
Orangeville, ON L9W 2X2,40 Centre ST
Orangeville, ON L9W 2X2,40 Centre ST
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
Wed
17
Dec
Thu
18
Dec
Fri
19
Dec
Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$749,000
Est. payment /mo
5 Beds
2 Baths
Save Virtual Tour

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision Orangeville

MLS Listing ID W12461108

Style Bungalow

Bedrooms 5

Annual Tax Amount $4,654

Tax Year 2024

Property Sub-Type Detached

Lot Depth 120.0

Lot Front 58.0

Appx SqFt 700-1100

Property Description

Legal Two-Unit Bungalow on a Massive Mature Lot! This property is a standout opportunity offering three clear paths for buyers.1: Investor Opportunity, Set full market rent immediately with the now vacant upper unit, freshly painted and updated with modern light fixtures, while the lower unit remains leased at an attractive rental rate. 2: End-User Conversion, Make this bungalow your own with just a single notice for vacancy, and enjoy a home on a mature lot at an attractive price point. 3: Hybrid Lifestyle, Live in the refreshed upper unit while benefiting from steady income from the lower tenant. Converted and fully renovated in 2013, this bungalow features two self-contained legal units, each with separate hydro meters, heating systems, private laundry, and tasteful finishes throughout. Both units include crisp white kitchens with matching appliances that contrast with dark flooring for a clean, contemporary look. Bathrooms are finished with large-format grey tiles, white subway tile tub surrounds, full bathtubs, and modern vanities. The upper unit now offers fresh paint, updated lighting, newer stove, micro-vent (2024), central air, and a walkout to a private deck. The lower unit is bright and inviting with updated LED lighting (2025), a newer washer/dryer, and its own outdoor space. Each unit also features a dishwasher and in-suite laundry. Ideally located on a quiet street just steps from Orangeville's vibrant downtown, this property offers exceptional walkability to shops, schools, restaurants, plazas, and transit. Situated on a rare oversized lot with no sidewalk out front, it boasts ample parking and two rear yard spaces divided by a privacy fence offering the feel of two full-sized backyards. Additional updates include a new roof (2018), attic insulation and venting (2020), updated sewer and water lines (2015), and newer mechanicals throughout. A turnkey opportunity in a desirable location. Please note:Lower level interior photos are from prior to tenancy.

Location

Province ON

County Dufferin

Community Orangeville

Area Dufferin

Zoning R2

Rooms

Family Room No

Basement Apartment, Separate Entrance

Kitchen 2

Separate Den/Office 2

Interior

Interior Features Carpet Free, Water Heater Owned, Upgraded Insulation, Separate Hydro Meter, Separate Heating Controls, Accessory Apartment

Cooling Central Air

Inclusions Kitchen appliances: Fridge, Stove, Dishwasher X2. Washer and Dryer X2, Hot Water Tank X1.

Exterior

Exterior Feature Deck

Garage Spaces 1.0

Pool None

Roof Type Shingles

Lot Frontage 58.0

Lot Depth 120.0

Total Parking Spaces 5

Building

Foundation Concrete Block

Others

Senior Community Yes

ParcelsYN No

Virtual Tour https://pumpkinhousephotography.hd.pics/40-Centre-St/idx

Read Less Info
Listed by RE/MAX REAL ESTATE CENTRE INC.

Get More Information

Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

Name

Phone*

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Gail Reeves Reid, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.