CAONKawartha Lakes (Verulam)1578 County Road
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1578 County Road, Kawartha Lakes (Verulam), ON

Real Estate

For Sale

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01315

MLS® X12476514

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1 sqft
Garage No
Taxes $8,084
Days Active 43
Lot Size 
Approx. Age 
Avg. Price Per Sqft $1,280,000
MLS® Number X12476514

Property Address: 1578 County Road, Kawartha Lakes (Verulam), ON, K0M1N0

Average square foot calculated using Size range provided by listing agent.

Description

A rare and attractive opportunity for investors! This well-maintained multi-unit complex is tailored for 55+ living and boasts a strong 9.9 % cap rate with AAA tenants already in place. Located just steps from Eganridge Resort, this property offers the perfect blend of tranquility and convenience - only 1.5 hours from the GTA.The building features, 8 private single units, 1 two-bedroom apartment, 1 commercial unit currently used as a residential suite. Shared amenities including a spacious dining area with a cozy fireplace, a bright and welcoming lounge with a second fireplace, a fully-equipped kitchen, and a common laundry room. Sitting on a 1.3-acre lot, the property offers generous green space and ample parking. Each unit includes a private walk-out patio, adding to the comfort and independence of its residents. Tenants have two meals provided in their rent. Making this a turnkey opportunity for those looking to semi-retire in the Kawarthas. Alternatively, investors can add kitchenettes to each unit already rough in and the tenants can share the common kitchen. Endless options to expand by adding a second floor or addition to the building to increase cash flow. Whether you're looking to expand your real estate portfolio or embrace a lifestyle investment, this unique property delivers. Add this gem to your investment portfolio today! (id:58753)Show Description
MLS® NumberX12476514
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

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Starting Address
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1578 County Road, Kawartha Lakes (Verulam), ON

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