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Listed 20 days ago

205386 County Rd 109 N/A

Rural East Garafraxa, East Garafraxa

$799,000

Detached|Bungalow
3 | 2 | 14
About this home

Opportunity awaits in Orangeville! Set on just over half an acre, this well-maintained bungalow offers generous outdoor space, a convenient location and exciting potential for the future. The home features a basement apartment with a separate entrance, providing flexibility for extended family or potential rental use, subject to applicable approvals. A double-car garage, which previously housed a hair salon, adds versatile space for parking, storage or other uses permitted by the municipality. Surrounded by properties with business park zoning and featuring its own entrance onto Highway 109, this property offers excellent accessibility and a setting worth exploring for its long-term possibilities. Any proposed commercial use or redevelopment would be subject to zoning verification and municipal approvals. Located close to Orangeville's shops, restaurants, services and everyday amenities, this is an opportunity to enjoy the property today while considering its potential for tomorrow. Come see it for yourself!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,483
Lot Size75 ft x 175.15 ft
mls© NumberX13845474
Listed ByRE/MAX SKYWAY REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,090
Property tax
$374
Heat allowance
$150
Housing costs
$4,613 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $159,800
25-yr amortization

Income needed

$142,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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