5 Spring Street, Unit 15, Orangeville, ON

$589,900
MLS#:W9259152
3 beds
2 baths
1000-1199 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on September 10, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Orangeville. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $589,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Storage
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to your new home in the vibrant community of Orangeville! This meticulously updated and well cared-for 3-bedroom, 1.5-bathroom condo townhouse is a perfect blend of modern elegance and convenience. From the moment you step inside, you'll see the new front entrance tile that sets the soft, neutral tone for the rest of this beautiful home. The main floor features pot lights and a new chandelier on dimmers in the dining room, creating a warm and inviting atmosphere for gatherings and family meals. The large, updated kitchen is truly unique. Equipped with loads of storage. You won't find this in another townhome. Your back deck is a tranquil space to relax and enjoy nature. All new interior hardware on doors, as well as new blinds and window covers throughout. This home is bathed in natural light, enhancing its bright and airy feel. Upstairs, you'll find all-new light fixtures with dimmers and additional pot lights, adding a touch of modern sophistication. The newly added third bedroom provides versatile space to accommodate your growing family or guests. The basement is finished with a family/recreation room. Perfect for entertainment or relaxation, featuring pot lights as well as a huge crawl space offering ample storage. Enjoy the convenience of inside entry from the garage and two parking spaces, along with visitor parking for guests. The Orangeville community offers easy access to parks, shopping, dining, and excellent schools, making it a perfect location for families and professionals alike.

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Property Summary

This townhouse located at 5 Spring Street, Orangeville is currently for sale and has been available on SousaSells for 700 days. This property is listed at $589,900 with an estimated mortgage of $1,964* per month. It has 3 beds, 2 bathrooms, and is 1000-1199 square feet. 5 Spring Street, Orangeville is in the Orangeville neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold price information is available to members only
Listed Date8/17/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementFull, Finished
CountyDufferin
Annual Tax$4,067.2

Parking & Garage

Parking Total2.0
Parking Space1
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Park, Place Of Worship, School

Interior Features

Storage

Security Features

Community Features

Virtual Tours

Location

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5 Spring Street, Unit 15, Orangeville, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 5 Spring Street 15, Orangeville, ON L9W 1M8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Orangeville.

Configure Loan Settings

Interest Rate4.00%
Down Payment$176,970 (30.0%)
* Minimum Canadian down payment required for this price is $33,990.
Amortization Period30 Years
Estimated Monthly Payment$1,964Based on a loan of $412,930 over 30 years.
Purchase Price$589,900
Loan Amount$412,930
Provincial Land Transfer Tax:$8,273
Total Estimated Closing Taxes:$8,273

About Purchasing a Home in Orangeville, ON

For a property listed at $589,900 in Orangeville, the legal minimum down payment is $33,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,273 for this transaction. As this listing is in Orangeville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,273.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Orangeville, Orangeville.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,290

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

St Peter
Public46 Dawson Road, Orangeville, Ontario, L9W 2W3
5.8
Parkinson Centennial
Public120 Lawrence Avenue, Orangeville, Ontario, L9W 1S8
3.1
Princess Elizabeth
Public51 Elizabeth Street, Orangeville, Ontario, L9W 1C5
4.4
St Andrew
Public50 Meadow Drive, Orangeville, Ontario, L9W 3Z1
5.1
Orangeville
Public22 Faulkner Street, Orangeville, Ontario, L9W 2G7
6.0

Secondary Schools

Orangeville
Public22 Faulkner Street, Orangeville, Ontario, L9W 2G7
5.6
Westside
Public300 Alder Street, Orangeville, Ontario, L9W 5A2
5.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.