Search

1578 COUNTY ROAD, Kawartha Lakes (Verulam)

Property Overview - Multi-Family For sale

Price$ 1 440 000On the Market78 days
MLS® #X12123890TypeMulti-Family
Bedrooms0 BedBathrooms13 Bath
Postal CodeK0M1N0
StreetCountyTown/AreaKawartha Lakes (Verulam)
Property Size327.39 x 191.13 FTBuilding Size1 ft2

A rare and attractive opportunity for investors! This well-maintained multi-unit complex is tailored for senior living and boasts a strong 8.8 % 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!

Land Details

Size Total327.39 x 191.13 FT
Size Frontage327
Size Depth191 ft ,1 in
Lot size1.43
Zoning DescriptionC

Building Details

TypeMulti-Family
Property TypeMulti-family
Bathrooms Total13
Bedrooms Total0
Cooling TypeFully air conditioned
Heating TypeBaseboard heaters
Size Interior1 ft2
Utility WaterDrilled Well


This listing of a Multi-family property For sale is courtesy of MICHAEL JANCSIK from ROYAL HERITAGE REALTY LTD.