Re-listed 12 days ago

40 Centre St, Orangeville, Ontario L9W 2X2

Detached
3 + 2
2
~700-1100 sqft
$•••,•••
$765,000
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Detached
3 + 2
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market12 days

Total days on market
144 days

Estimated valueNot available

Price/Sqft$894/sqft

Monthly cost

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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.


Property Details

StyleBungalow
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size6,960 SqFt(120 x 58)
Parking Spaces5
MLS ®NumberW12461108
Community NameOrangeville
Data SourceTRREB
Listing byRE/MAX REAL ESTATE CENTRE INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment, Sep Entrance

Main Floor

Kitchen

3.53 x 5.16

Eat-In Kitchen / Open Concept / Window

Living

3.61 x 4.21

Large Window / O/Looks Frontyard

Primary

3.51 x 3.04

Window / Closet

2nd Br

3.51 x 2.51

Window / Closet


Features

Lot size: 6,960 SqFt

Parking

Garage spaces 1

Garage type Carport

Other parking spaces 4

Total parking spaces 5


Property listed by RE/MAX REAL ESTATE CENTRE INC., Brokerage
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Market Data - Orangeville

Geo Zone Map ThumbnailOrangeville

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

30 days

Compared to

2024

39 days

2023

20 days

2022

38 days

New Listings

Past 30 days

59 listings

Compared to

2024

51 listings

2023

48 listings

2022

32 listings

Units sold

Past 30 days

24 units

Compared to

2024

18 units

2023

16 units

2022

30 units

Median Sold Price

Past 30 days

$819,000

Compared to

2024

$810,000

2023

$889,500

2022

$847,500


Population and Demographics

Overview

Total population 26758
Average household income $127,456

Age (%)

0 to 19
24%
20 to 34
19%
35 to 49
21%
50 to 64
20%
65 and plus
16%

Household composition (%)

Single family
71%
Single person
25%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
91%
Others
6%
French
1%

House tenancy (%)

Owners
75%
Renters
25%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget