72 First Street, Orangeville, ON L9W 2E4
Orangeville · L9W 2E4
$12,500,000
$403 / sq ft1 weeks on market
- Total area
- 31,000 sf
- Lot
- 132 × 328 ft
What's special
- Partial
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
This property's sale history is hidden
TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.
Unlock sale history & sold priceFree. Takes about twenty seconds.
Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
Mortgage estimate
- 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
Unlock nearby sold pricesFree. Takes about twenty seconds.