$389,900
Available - For Sale
Listing ID: X12267547
113166 /113176 Hwy 7 N/A , Addington Highlands, K0H 1Z0, Lennox & Addingt
| An excellent investment opportunity awaits with this rare, multi-unit setup on 2.38 acres backing onto the Trans Canada Trail. The property features two separate dwellings, offering strong income potential and flexibility for a variety of strategies. The main house is freshly painted, vacant, and move-in ready ideal for attracting quality tenants or for an owner-occupier looking to offset mortgage costs. It includes 3 bedrooms, a 4-piece bath, propane furnace (2017), and a mix of laminate, hardwood, and tile flooring. A usable crawl space with laundry hookups and a separate entrance adds utility and potential. The second building is a fully tenanted duplex, consisting of a 2-bedroom unit and a 1-bedroom unit each with separate hydro meters and electric baseboard heating. A detached garage is also included; while it requires some TLC, it offers value-add potential as storage or workshop space. With two wells and two septic systems (both recently pumped in November 2023), this property is well-equipped to support multi-tenant occupancy. Whether you're looking for steady cash flow, a live-and-rent scenario, or a long-term hold with room for improvement, this property offers a strong foundation for your investment portfolio. |
| Price | $389,900 |
| Taxes: | $2084.32 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 113166 /113176 Hwy 7 N/A , Addington Highlands, K0H 1Z0, Lennox & Addingt |
| Postal Code: | K0H 1Z0 |
| Province/State: | Lennox & Addingt |
| Legal Description: | PT LT 11 CON 8 KALADAR PT 1 & 2 29R6465; |
| Directions/Cross Streets: | Highway 7 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Accommodation |
| Building Percentage: | T |
| Total Area: | 765.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Heat Type: | Propane Gas |
| Central Air Conditioning: | No |
| Water: | Drilled W |
| Water Supply Types: | Drilled Well |
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| ROYAL LEPAGE PROALLIANCE REALTY |
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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Lennox & Addington |
| Municipality: | Addington Highlands |
| Neighbourhood: | Dufferin Grove |
| Tax: | $2,084.32 |
| Fireplace: | N |
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