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1578 County Road Image 1

$1,480,000

$14,800,000
90.0% dropped

Last price change 2 days ago

2 days agoInvestment For Sale
bedroomsbed
washrooms0bath
MLS - #X12123890

1578 County Road, Kawartha Lakes, ON K0M 1N0

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Average Price
148000000.0%
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Price Comparison

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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

N/A

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 7.8% 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, 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

2 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

Listed by ROYAL HERITAGE REALTY LTD.

Additional Details

Basement:N/A
Cooling:Yes
Heating:Baseboard
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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