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.
Address
1578 County 8 Road
List Price
$1,149,900
MLS® Status
Price Change
Property Type
Commercial
Type of Dwelling
Sale Of Business
Transaction Type
Sale
Area
Kawartha Lakes
Sub-Area
Verulam
Bathrooms
13
Lot Size Source
MPAC
Lot Depth
191.13
Lot Type
Lot
Lot Size Units
Feet
Lot Width
327.39
Parcel Number
631260590
Total Building Area
1.35
Occupant Type
Owner+Tenant
Cross Street
County rd 8 / East Beehive Rd
MLS® Number
X13053178
Listing Brokerage
Royal Heritage Realty Ltd.
Basement
Yes
Postal Code
K0M 1N0
Posession Details
NEG
Parking Spaces
15
Tax Amount
$8,660.00
Tax Year
2025
Standard Status
Active
Board Or Association
Central Lakes Association of REALTORS
Heat Type
Propane Gas
Cooling Features
Yes
Garage Type
None
Tax Legal Description
PT LT 17-18 CON 6 VERULAM AS IN R401266; KAWARTHA LAKES
Security Features
Partial , Yes
Water Source
Drilled Well
Business Name
HAVEN SENIOR LIVING INC.
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