292 Broadway

Introducing a remarkable opportunity to acquire a house for sale in Orangeville , located at 292 Broadway, Orangeville. This exceptional property is a detached bungalow that boasts a spacious layout, featuring a total of 10 rooms, including four well-appointed bedrooms and three bathrooms. The dwelling spans an impressive 1,357 square feet and is set on a substantial lot measuring 100 x 296 feet, which equates to approximately 0.682 acres. The house for sale in Orangeville is ideally positioned in the heart of this vibrant community, just a short stroll from downtown Orangeville and a variety of local amenities.

The exterior of the property is a blend of brick and vinyl siding, ensuring both durability and aesthetic appeal. While the house does not include a swimming pool or a fireplace, it compensates with its unique layout and potential. The absence of central air conditioning and a central vacuum system allows for a blank canvas, providing new owners the opportunity to customise the home to their liking. Furthermore, the house for sale in Orangeville is unfurnished, giving you the freedom to design the interior as you envision.

A standout feature of this property is the presence of three self-contained kitchens, making it an ideal investment opportunity for those looking to generate rental income or accommodate extended family. The separate entrance to the basement apartment adds to the versatility of the home, allowing for independent living arrangements. This is a significant advantage for investors or those seeking a multi-generational living solution.

Parking is abundant, with a detached garage that can accommodate up to six vehicles, complemented by a circular driveway that provides additional space for more than four cars. This feature is particularly advantageous for contractors, developers, or investors who may require ample parking for clients or equipment. The house for sale in Orangeville is not just a home; it’s a potential goldmine for those looking to capitalise on the thriving real estate market in the area.

The property is serviced by municipal water and sewer, ensuring convenience and reliability for everyday living. Although there is no family room, the layout of the house allows for flexible use of space, enabling you to create your own family gathering areas. The lot itself is expansive, providing plenty of outdoor space for activities or potential redevelopment opportunities. Given its prime location on Broadway, the house for sale in Orangeville is perfectly situated for future growth and development.

For those interested in expanding their investment portfolio, the option to purchase this property alongside neighbouring homes is available. Specifically, 290 Broadway, listed at £639,000, features a 1,367 square foot home on a 0.445-acre lot, while 294 Broadway, listed at £899,000, offers a 1,547 square foot side split on a 0.696-acre lot with a large detached garage. The combined potential of these properties presents an enticing opportunity for serious investors.

In conclusion, the house for sale in Orangeville at 292 Broadway, Orangeville, is not just a home; it is a phenomenal investment opportunity that should not be overlooked. With its strategic location, generous lot size, and multiple self-contained units, this property is perfectly suited for those looking to make a smart investment in the Dufferin area. Don't miss your chance to explore this unique offering and envision the possibilities that await you in this thriving community.

Orangeville, nestled in the picturesque hills of Dufferin County, is a charming town that offers a delightful blend of small-town warmth and modern amenities. Surrounded by lush greenery and scenic landscapes, it boasts a vibrant downtown area filled with boutique shops, cafes, and cultural attractions, including art galleries and theatres. The town is well-connected, making it easy to access larger urban centres while still enjoying the tranquillity of rural living. With its strong sense of community spirit, numerous parks, and recreational facilities, Orangeville is an inviting place for those seeking a peaceful yet engaging lifestyle amidst nature’s beauty.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Within just 0.4 km, you'll find Princess Elizabeth Public School, offering both English and French programs for grades JK to 8, with a solid school rating of 5.7. Just a short distance away at 0.6 km is St. Peter Elementary School, a Catholic institution also providing English education for grades K to 8, sharing the same rating of 5.7. For secondary education, Orangeville District Secondary School is located 0.9 km from the property, catering to grades 9 to 12 with a slightly higher rating of 6.1. Additionally, Spencer Avenue Elementary School, situated 2.6 km away, offers French instruction for grades 4 to 8 and boasts the highest rating in the area at 6.4. Overall, the proximity to these schools not only enhances the educational opportunities for children but also adds to the appeal of the neighborhood for potential buyers seeking a family-friendly environment.

Key Statistics of the Neighbourhood

The area surrounding the property boasts a population of 708 residents, with an average household size of three. The demographic profile indicates a relatively young community, with an average age of 38.2 years. The average household income is notably high at $126,000, reflecting the area's affluence, and only 2.4% of the population is classified as low-income. The real estate market is robust, with an average property price of $745,000. The community is family-oriented, as evidenced by the fact that nearly 49% of households have children. Additionally, 37.61% of the population is single, and 10.69% are immigrants, contributing to the area's diversity. The rental market is modest, with only 16.28% of residents renting their homes, and there are no condominiums in the area. Educational attainment is high, with 53.33% of residents holding a college or university degree. However, a significant portion of the population, 24.76%, is not in the labor force, indicating potential opportunities for community engagement and workforce development. Overall, this area presents a vibrant and well-educated community with a strong economic foundation.