485 Richardson Road, Orangeville, ON
Property Highlights
Welcome to this remarkable industrial located in the coveted neighborhood of Orangeville. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,765,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 130.74 x 233.7 ft lot size
- equipped with no central cooling and highly efficient gas forced air closed heating
Description
***Versatile 6,000 Sq. Ft. Industrial/Commercial Property with Office Space and Ample Parking in Prime Location*** Situated within a well-established industrial park, just south of Broadway off Riddell Rd, this free-standing building provides 6,000 square feet of versatile space. Zoned M1, it is suitable for a wide range of industrial and commercial applications.The front portion of the building comprises approximately 1,200 square feet of office space, offering a professional and functional environment for administrative operations. The remaining space is dedicated to open industrial use, providing flexibility to accommodate various business needs, including manufacturing and warehousing. The property is designed for ease of access, featuring an asphalt surface with a circular driveway and ample parking to accommodate both employees and clients. With a 20-foot clearance height, the building is ideal for businesses requiring substantial vertical space. It is equipped with one drive-in door and one truck-level door, facilitating efficient shipping and receiving operations. This property presents an excellent solution for businesses looking for a functional, well-located space with the ability to support diverse operational requirements.
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Pricing & Value Insights
Data-driven valuation for 485 Richardson Road, Orangeville, ON L9W 4Z4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Orangeville, ON
For a property listed at $2,765,000 in Orangeville, the legal minimum down payment is $553,000 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 $55,600 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 $55,600.
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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.
