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$749,000
Available - For Sale
Listing ID: W12461108
40 Centre Street , Orangeville, L9W 2X2, Dufferin


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.
Price $749,000
Taxes: $4654.75
Assessment Year: 2025
Occupancy: Owner+T
Address: 40 Centre Street , Orangeville, L9W 2X2, Dufferin
Directions/Cross Streets: Centre St & Church St
Rooms: 6
Rooms +: 6
Bedrooms: 3
Bedrooms +: 2
Family Room: F
Basement: Apartment, Separate Ent
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Kitchen 11.58 16.92 Eat-in Kitchen, Open Concept, Window
Room 2 Main Living Ro 11.84 13.81 Large Window, Overlooks Frontyard
Room 3 Main Primary B 11.51 9.97 Window, Closet
Room 4 Main Bedroom 2 11.51 8.23 Window, Closet
Room 5 Main Bedroom 3 9.28 10.07 Combined w/Laundry, Window
Room 6 Main Bathroom 8.07 4.95 4 Pc Bath, Tile Floor
Room 7 Lower Kitchen 10.82 12.89
Room 8 Lower Living Ro 11.41 19.88
Room 9 Lower Bedroom 4 10.33 9.15 Window, Closet
Room 10 Lower Bedroom 5 11.87 9.51 Window, Closet
Room 11 Lower Bathroom 4.99 8.3 4 Pc Bath
Room 12 Lower Utility R 7.68 8.95
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 4 Lower
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 4 Main
Washroom Type 7 4 Lower
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 4 Main
Washroom Type 12 4 Lower
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Washroom Type 16 4 Main
Washroom Type 17 4 Lower
Washroom Type 18 0
Washroom Type 19 0
Washroom Type 20 0
Washroom Type 21 4 Main
Washroom Type 22 4 Lower
Washroom Type 23 0
Washroom Type 24 0
Washroom Type 25 0
Washroom Type 26 4 Main
Washroom Type 27 4 Lower
Washroom Type 28 0
Washroom Type 29 0
Washroom Type 30 0
Washroom Type 31 4 Main
Washroom Type 32 4 Lower
Washroom Type 33 0
Washroom Type 34 0
Washroom Type 35 0
Washroom Type 36 4 Main
Washroom Type 37 4 Lower
Washroom Type 38 0
Washroom Type 39 0
Washroom Type 40 0
Total Area: 0.00
Property Type: Detached
Style: Bungalow
Exterior: Brick
Garage Type: Carport
Drive Parking Spaces: 4
Pool: None
Other Structures: Shed
Approximatly Square Footage: 700-1100
Property Features: Fenced Yard, Public Transit
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
$
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REAL ESTATE CENTRE INC.
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At a Glance:
Type: Freehold - Detached
Area: Dufferin
Municipality: Orangeville
Neighbourhood: Orangeville
Style: Bungalow
Lot Size: x 120.00(Feet)
Approximate Age:
Tax: $4,654.75
Maintenance Fee: $0
Beds: 3+2
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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