• Mobile: 647-964-2184
  • Office: 905-230-3100
  • Fax: 905-230-8577

$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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Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE PROALLIANCE REALTY
Personal Picture
Sumit Chopra
Broker
Dir:
647-964-2184
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905-230-3100
Fax:
905-230-8577
 
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At a Glance:
Type: Com - Investment
Area: Lennox & Addington
Municipality: Addington Highlands
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 312.69(Feet)
Approximate Age:
Tax: $2,084.32
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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