4075 County Rd 121 Rd N
Kinmount, Kawartha Lakes, K0M 2A0
FOR SALE
$689,999
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4
BEDROOMS5
BATHROOMS3
KITCHENS12
ROOMSX9355320
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Property Description
Prime mixed use property in the Heart of Kinmount! Discover a versatile investment opportunity in Kinmount Ontario with this unique property featuring two prime commercial units on the first floor, one already occupied, the second ideal for retail or restaurant use. You'll also find a well-appointed studio apartment on the first floor, plus two additional residential units up top: a spacious 2-bedroom and a cozy 1-bedroom, all brand new and designed for comfort and convenience. Perfectly located in the vibrant centre of town, this property offers a mix of commercial and residential space with strong income potential. Don't miss out on this chance to own a valuable piece of Kinmount's thriving community. 2 Units not shown in photos/video, some pictures available!
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Extras
Holding tank in good working order, approx $360 to pump it, bill available. See Floor plan attached for measurements. There are 2 200 amp panels for the building. Approx NOI is $55,000 per year.
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
40' x 88'
Acreage
< .50
Lot Irregularities
44.94 FT of frontage at back
Fronting
West
Taxes
$1,798 (2024)
Basement
None
Exterior
Vinyl Siding
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Other
Water
Municipal
Parking Spaces
4
Driveway
Available
Garage Type
None
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Kawartha Lakes Market Statistics
Kawartha Lakes Price Trend
4075 County Rd 121 Rd N is a 4-bedroom 5-bathroom home listed for sale at $689,999, which is $66,786 (8.8%) lower than the average sold price of $756,785 in the last 30 days (October 15 - November 13). During the last 30 days the average sold price for a 4 bedroom home in Kawartha Lakes declined by $158,131 (17.3%) compared to the previous 30 day period (September 15 - October 14) and down $7,415 (1.0%) from the same time one year ago.Inventory Change
There were 19 4-bedroom homes listed in Kawartha Lakes over the last 30 days (October 15 - November 13), which is down 9.5% compared with the previous 30 day period (September 15 - October 14) and down 36.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Kawartha Lakes typically sold ($27,428) (3.6%) below asking price over the last 30 days (October 15 - November 13), which represents a $23,994 increase compared to the previous 30 day period (September 15 - October 14) and ($41,453) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Kawartha Lakes over the last 30 days (October 15 - November 13) stood at 36.8%, down from 57.1% over the previous 30 days (September 15 - October 14) and down from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Kawartha Lakes stood at 35 days when successfully sold over the last 30 days (October 15 - November 13), compared to 109 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Frank Real Estate
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