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For Sale

1578 County 8 Road, Kawartha Lakes, ON K0M 1N0

$1,099,900

  • 13 Bathrooms
  • Sale Of Business
  • MLS® X13053178

Listing Brokerage: Royal Heritage Realty Ltd.

Description

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.

Property details

MLS® number
X13053178
Transaction
For Sale
Property type
Commercial
Style / use
Sale Of Business
Community
Verulam
City
Kawartha Lakes
Bathrooms
13
Building area
1.35 Acres
Lot width
327.39 Feet
Lot depth
191.13 Feet
Heating
Propane Gas
Cooling
Yes
Garage
None
Taxes
$8,660.00
Tax year
2025
Business type
Other
Retail area
500
Listing brokerage
Royal Heritage Realty Ltd.

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