1578 County Road, Kawartha Lakes, ON Image 1

$1,440,000

Investment For Sale
MLS - #X12123890
3 days ago- By ROYAL HERITAGE REALTY LTD.

1578 County Road, Kawartha Lakes, ON K0M 1N0

Bed
13 Bath
1.35 Sqft.
None Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

1.35 Sqft

About 1578 County Road

A rare and attractive opportunity for investors! This well-maintained multi-unit complex is tailored for senior living and boasts a strong 9.3 % 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!

Home Overview

Last updated

3 days ago

Virtual tour

None

Basement information

Building size

1.35

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:N/A
Cooling:Yes
Heating:Baseboard
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
144000000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 1578 County Road

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$5499.82/ month

Some information about this property - County Road

Default Agent

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