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For saleMLS® W14119252

72 First Street, Orangeville, ON L9W 2E4

Orangeville · L9W 2E4

$12,500,000

$403 / sq ft

1 weeks on market

Total area
31,000 sf
Lot
132 × 328 ft

What's special

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About this property

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.

Property details

Property

Property type
investment
Interior size
31,000 sq ft
Lot size
132 × 328 ft
Zoning
RM2
Possession
Flexible

Interior

Heating
Water Radiators
Cooling
Partial

Exterior & services

Sewer
Sanitary+Storm

Costs

List price
$12,500,000
Property taxes
$69,740 / year (2025)
Price per sq ft
$403
Rental items
none

Listing

MLS® number
W14119252
Status
For sale
Listed
October 27, 2026
Days on market
9
Last updated
October 28, 2026
Listing brokerage
LEAF AND PALM REALTY CORP.

Price & sale history

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Before you make an offer

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Mortgage estimate

Down payment20.0% · minimum $2,500,000
$2,500,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$55,291.72
Property tax (est.)
$5,811.67
Estimated monthly
$61,103

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$298,975
Total due on closing
$298,975

An estimate on the asking price of $12,500,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of LEAF AND PALM REALTY CORP.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$12,500,000

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