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Maria Tompson
Sales Representative
Your Company Name , Brokerage
Independently owned and operated.
416-548-7854 sales@bestforagents.com
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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

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$1,280,000
Available - For Sale
Listing ID: X12476514
A rare and attractive opportunity for investors! This well-maintained multi-unit complex is tailored for 55+ living and boasts a strong 9.9 % 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 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 have two meals provided in their rent. Making this a turnkey opportunity for those looking to semi-retire in the Kawarthas. Alternatively, investors can add kitchenettes to each unit already rough in and the tenants can share the common kitchen. Endless options to expand by adding a second floor or addition to the building to increase cash flow. 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!
Price $1,280,000
Taxes: $8,084
Tax Type: Annual
Occupancy by: Owner+T
Address: 1578 County 8 Road , Kawartha Lakes, K0M 1N0, Kawartha Lakes
Postal Code: K0M 1N0
Province/State: Kawartha Lakes
Legal Description: PT LT 17-18 CON 6 VERULAM AS IN R401266;
Directions/Cross Streets: County rd 8 / East Beehive Rd
No. of Pieces Level
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Washroom 60:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 1.35
Total Area Code:  Acres
Financial Statement: T
Chattels: T
Maintenance: 0
Sprinklers: Part
Heat Type: Baseboard
Central Air Conditioning: Yes
Water: Drilled W
Water Supply Types: Drilled Well
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ROYAL HERITAGE REALTY LTD.

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

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Maria Tompson
Sales Representative
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Type: Com - Investment
Area: Kawartha Lakes
Municipality: Kawartha Lakes
Neighbourhood: Verulam
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Lot Size: x 191.13(Feet)
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Tax: $8,084
Maintenance Fee: $0
Beds: 0
Baths: 13
Garage: 0
Fireplace: N
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic sales@bestforagents.com pic 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8 pic Office: 416-548-7854 | Toll Free: 1-866-382-2968 | Fax: 416-981-7184 Personal Pic
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