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Rural East Garafraxa, East Garafraxa
$799,000
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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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,483 |
| Lot Size | 75 ft x 175.15 ft |
| mls© Number | X13845474 |
| Listed By | RE/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.
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 checkInvestment Analysis
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