40 Centre Street Orangeville, Ontario L9W 2X2
$699,900
Legal Two-Unit Bungalow on a Massive Mature Lot! Three clear options for buyers: (1) Invest in a turnkey legal duplex with strong rental upside and flexible tenant positioning (2) Full-Home Living, enjoy the entire bungalow on a prime oversized lot (3) Hybrid Lifestyle, live in one unit while generating steady income from the other. A rare opportunity offering exceptional flexibility, this property allows you to rent the now-vacant upper unit at market value, occupy the full home with a single notice for vacancy, or enjoy a hybrid lifestyle with income from the lower unit. Fully renovated in 2013, the home features two legal self-contained units with separate hydro meters, heating systems, private laundry, and modern finishes throughout. Both units offer bright white kitchens, updated bathrooms, dishwashers, and in-suite laundry, while the upper unit includes fresh paint, updated lighting, central air, and a walkout to a private deck. Ideally located on a quiet street just steps to downtown Orangeville, the property sits on a rare oversized lot with no sidewalk, ample parking, and two private rear yard areas. *A vendor-offered creative financing option is available to help enhance cash flow in the first year for qualified buyers. Major updates include roof (2018), attic insulation and venting (2020), updated sewer and water lines (2015), and newer mechanicals throughout. Lower level interior photos are from prior to tenancy. (id:61852)
Property Details
| MLS® Number | W12695182 |
| Property Type | Single Family |
| Community Name | Orangeville |
| AmenitiesNearBy | Public Transit, Schools |
| EquipmentType | Water Heater |
| Features | Flat Site, Carpet Free |
| ParkingSpaceTotal | 5 |
| RentalEquipmentType | Water Heater |
| Structure | Deck, Shed |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 3 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 5 |
| Amenities | Separate Electricity Meters, Separate Heating Controls |
| Appliances | Water Heater |
| ArchitecturalStyle | Bungalow |
| BasementFeatures | Apartment In Basement, Separate Entrance |
| BasementType | N/a, N/a |
| ConstructionStatus | Insulation Upgraded |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FlooringType | Tile |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 1 |
| SizeInterior | 700 - 1100 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| Carport | |
| Garage |
Land
| Acreage | No |
| FenceType | Fenced Yard |
| LandAmenities | Public Transit, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 120 Ft |
| SizeFrontage | 58 Ft |
| SizeIrregular | 58 X 120 Ft |
| SizeTotalText | 58 X 120 Ft |
| ZoningDescription | R2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Bathroom | 1.52 m | 2.53 m | 1.52 m x 2.53 m |
| Lower Level | Utility Room | 2.34 m | 2.73 m | 2.34 m x 2.73 m |
| Lower Level | Kitchen | 3.3 m | 3.93 m | 3.3 m x 3.93 m |
| Lower Level | Living Room | 3.48 m | 6.06 m | 3.48 m x 6.06 m |
| Lower Level | Bedroom 4 | 3.15 m | 2.79 m | 3.15 m x 2.79 m |
| Lower Level | Bedroom 5 | 3.62 m | 2.9 m | 3.62 m x 2.9 m |
| Main Level | Kitchen | 3.53 m | 5.16 m | 3.53 m x 5.16 m |
| Main Level | Living Room | 3.61 m | 4.21 m | 3.61 m x 4.21 m |
| Main Level | Primary Bedroom | 3.51 m | 3.04 m | 3.51 m x 3.04 m |
| Main Level | Bedroom 2 | 3.51 m | 2.51 m | 3.51 m x 2.51 m |
| Main Level | Bedroom 3 | 2.83 m | 3.07 m | 2.83 m x 3.07 m |
| Main Level | Bathroom | 2.46 m | 1.51 m | 2.46 m x 1.51 m |
https://www.realtor.ca/real-estate/29249899/40-centre-street-orangeville-orangeville
Interested?
Contact us for more information
Adrian Muscat
Broker
115 First Street
Orangeville, Ontario L9W 3J8
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January 14 2026 04:53:18
Toronto Real Estate Board
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