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Welcome to this remarkable 2 1/2 Storey multiplex located in the coveted neighborhood of Powassan. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $599,000 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.
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Investment Opportunity in the Heart of Powassan! Welcome to 9 Fairview Lane-an updated, income-producing gem with historic charm and modern potential. This stately 6-bedroom, 6-bathroom home is currently tenanted and generating a solid 6% cap rate. Each spacious bedroom features its own ensuite bath, making it an ideal setup for continued rental income or a seamless transition into a licensed Bed & Breakfast, thanks to RU-10 zoning. Over the past 5 years, major upgrades have been completed: new natural gas furnace, full electrical rewire, all new plumbing, windows, and septic system. The roof was replaced just 2 years ago, leaving peace of mind for years to come. With over 3,200 sq. ft. above grade and a third-floor finished loft space, there's room to grow or reimagine the layout. Situated on a generous 1.2-acre lot, this is a rare chance to own a turnkey asset with character, cash flow, and flexibility.
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This multiplex located at 9 Fair View Lane, Powassan is currently for sale and has been available for 498 days. This property is listed at $599,000 with an estimated mortgage of $1,994* per month. It has 6 beds, 6 bathrooms, and is 3000-3500 square feet. 9 Fair View Lane, Powassan is in the Powassan neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 6 bathrooms, this home offers ample space and comfort for growing families in Powassan, Powassan.
Growing families needing multi-bedroom flexibility and space in Powassan, Powassan.
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Real estate boards require a verified account to access this data — free and fast to join
Real estate boards require a verified account to access this data — free and fast to join
Real estate boards require a verified account to access this data — free and fast to join
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None listed
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No historical data available for this property.
This could be the first listing for this address.
This property at 9 Fair View Lane, Powassan, ON has closed. If you own a home on this street or nearby in Powassan, recent market trends and verified sold prices directly determine your home equity.
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The current listing price for 9 Fair View Lane, Powassan, ON in Powassan, Powassan is $599,000.
This property features 6 bedrooms and 6 bathrooms across approximately 3000-3500 sqft.
9 Fair View Lane, Powassan, ON is a Multiplex (2 1/2 Storey) featuring a Unfinished basement.
Key property features include: Cul de Sac/Dead End, Park, Place Of Worship, Rec./Commun.Centre, School.
Interior highlights include: Carpet Free, In-Law Capability, Water Heater Owned.
Security features include: Carbon Monoxide Detectors, Smoke Detector.
Yes, this property offers parking space for 10.0 vehicles (None).
Heating is provided via Gas and cooling via None.
Powassan, Powassan
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Data-driven valuation for 9 Fair View Lane, Powassan, ON P0H 1Z0
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Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Powassan, Powassan.
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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.
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