1578 County Rd

For Sale 126 Days
$1,480,000 $40K
$1,440,000
beds
13 baths

1578 County Rd

For Sale 126 Days
$1,480,000 $40K
$1,440,000
beds
13 baths

Highlights

Key insights

Description

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! (id:55581)

MICHAEL JANCSIK of ROYAL HERITAGE REALTY LTD.,
#X12123890
updated 1 month ago.
Houseful checked MLS® for data 1 month ago.

Home overview

Amenities / Utilities
  • Cooling
    Fully air conditioned
  • Heat type
    Baseboard heaters
Exterior
  • # parking spaces
    15
Interior
  • # full baths
    13
  • # total bathrooms
    13.0
Location
  • Subdivision
    Verulam
  • Directions
    1467884
Lot/ Land Details
  • Lot dimensions
    1.43
Overview
  • Lot size (acres)
    1.43
  • Listing #
    X12123890
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28259049/1578-county-road-kawartha-lakes-verulam-verulam
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-3,840

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25 Years fixed, 20% down payment, % interest
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