1578 County Road
Kawartha Lakes, K0M 1N0
FOR SALE
$1,280,000

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Investment
CATEGORY327.39 x 191.13
LOT SIZEX12476514
MLSIDContact Us
Property Description
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!
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Property Details
Address
1578 County Road
Community
City
Postal Code
K0M 1N0
Property Type
Investment, Investment
Use
Apartment
Zoning
C
Lot Size
327' x 191'
Acreage
1.4 Feet
Taxes
$8,084 (2025
Heat Type
Baseboard
Water
Well
Parking Spaces
15
Garage Type
None
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Listing contracted with Royal Heritage Realty Ltd.
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