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72 First Street
Orangeville Orangeville L9W 2E4

$12,500,000 /For Sale
Commercial

Solid Concrete Construction
Photo 1: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
Photo 2: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
Photo 3: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
Photo 4: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
Photo 5: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
Photo 6: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
Photo 7: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
Photo 8: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
Photo 9: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
Photo 10: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
Photo 11: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
Photo 12: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W14119252
Bus Major:
Apts - Over 20 Units
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 Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
31000 sq. ft. Square Feet
Total Area:
31,000 sq. ft.
Lot Depth:
328'
Lot Frontage:
132'
Water supply:
Municipal
Zoning:
RM2
Heating type:
Water Radiators
Garage:
None
Parking Spaces:
38
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
Annual
Taxes:
$51,826 / 2025
Assessment:
$- / -
Dufferin
Orangeville
Orangeville
Major Highway, Public Transit
none
34 Fridges, 34 Stoves
None
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
Partial
Seller Property Info Statement:
No
Financial Statements:
No
Business/Building Name:
72 First Street Residences
Major Business Type:
Apts - Over 20 Units
Category:
Apartment
Chattels:
No
Date Listed:
Oct 27, 2026
Original Price:
Previous Price:
  • Photo 1: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
    Solid Concrete Construction
  • Photo 2: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
    Concrete Restoration and Balcony Railings New
  • Photo 3: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
    Situated on an Acre Lot
  • Photo 4: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
    Solid Concrete Construction Multifamily 34 Apts
  • Photo 5: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
    Walk-out Balconies. Restored & New Railings
  • Photo 6: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
    In-Suite Laundry
  • Photo 7: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
    Quartz Counter & Stainless Appliances
  • Photo 8: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
    Updated Bathrooms
  • Photo 9: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
    Spacious Apartments
  • Photo 10: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
    Renovate Common Areas
  • Photo 11: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
    2020 New Roof (TPO)
  • Photo 12: 72 First Street: Orangeville Commercial for sale : MLS®# W14119252
    Lochinvar Commercial Boilers
Listed by LEAF AND PALM REALTY CORP.
Data was last updated October 27, 2026 at 10:15 PM (UTC)
DARYL  KING
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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

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Typically, any property with five or more units is classified as an apartment building for investment purposes.

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You can find listings across major cities and growing suburbs where rental demand remains strong.