1578 County 8 Road, Kawartha Lakes, ON
Description
Property Highlights
Welcome to this remarkable [] sale of business located in the coveted neighborhood of Verulam. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,149,900 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.
- 0 Bedrooms and 13 Bathrooms
- Premium 327.39 x 191.13 ft lot size
- Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
- equipped with ["yes"] central cooling and highly efficient propane gas heating
Are you looking for a new business or a High Cash Flow Investment with 11.2% CAP? This is a turnkey Well Maintained Multi-Unit building. Rare opportunity to own a proven income-producing property. With AAA tenants and a flexible model suited for hands-on operators or passive investors. Offering 8 single units, 1 two-bedroom apartment, and 1 commercial unit, plus shared amenities including a dining area with a fireplace, a lounge, a full kitchen, and common laundry. Zoned C2 the commercial unit could be used as a convenience store, restaurant, and much more. Situated on a 1.3-acre lot, it offers ample parking, green space, and private walk-out patios for each unit. Tenants currently receive meal services, creating an assisted-living style income stream. Option to hire out meals and maintenance for a hands-off investment. Value-add potential includes adding kitchenettes or expanding the building to increase cash flow. Conveniently located between Fenelon Falls and Bobcaygeon. Just steps to Eganridge Resort for dining and golfing and approx. 1.5 hours from the GTA. Turnkey opportunity with strong returns and future growth potential.
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This could be the first listing for this address.
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Data-driven valuation for 1578 County 8 Road, Kawartha Lakes, ON K0M 1N0
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Properties in this area are selling at a steady pace.
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