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 11
Lot Size 
Approx. Age 
Avg. Price Per Sqft $1,399,000
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 9.3 % 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 commercial 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 are currently served lunch and dinner daily included in there rent, making this a turnkey opportunity for those looking to semi-retire in the Kawarthas with a passion for cooking. Alternatively, investors can hire staff to manage meals and rent out the owner's suite for additional income. 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

Extras

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

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