Property Details
4289 HIGHWAY 7, Asphodel-Norwood (Norwood), Ontario, K0L2V0
Ideally situated on Highway 7, this well-maintained multi-use building offers exceptional investment potential with a blend of commercial and residential income streams. The property features two commercial units and three residential apartments, with flexible configurations to maximize returns. Commercial Unit Main Floor: Street-facing unit, previously a barber shop - perfect for retail or service use. Lower Level: Former hair salon, adaptable for a range of commercial purposes. (Both commercial units are currently vacant, offering immediate opportunities for new tenants or owner operation.) Residential Units: Main Level Apartment (3 Bedrooms): Originally two separate units (a 1-bedroom and a 2-bedroom), this large apartment features an eat-in kitchen, family room, living room, three bedrooms, two 4-piece baths. It can easily be converted back into two self-contained apartments for increased rental income. Lower-Level Apartment (1 Bedroom): Comfortable unit with den, living room, and full kitchen. Third-Floor Apartment (2 Bedrooms): Bright and spacious, offering two bedrooms and a 4-piece bathroom. Additional Features: Tenancy: One unit is owner-occupied; two are rented to long-term, reliable tenants. Heating: Efficient natural gas furnace (replaced in 2013). Exterior: Metal roof and vinyl/aluminum siding for low-maintenance durability. Basement: Clean, dry space for storage or utilities. Investment Opportunity: This is a rare chance to acquire a solid, income-generating property with room for customization. Ideal for investors or owner-occupiers seeking additional revenue in a high-visibility location on Highway 7 in Norwood. (id:2471)
BALL Real Estate Inc., Brokerage - Peterborough
- 705-768-6278
- 705-775-2255
- 705-651-0212
- sarah@sarahevans.ca
- Property Address: 4289 HIGHWAY 7, Asphodel-Norwood (Norwood), Ontario, K0L2V0
- Community Name: Norwood
- Property Type: Single Family
- Title: Freehold
- Lot Size: 61.8 x 237.2 FT ; Triangular
- Acreage: 61.8 x 237.2 FT ; Triangular|under 1/2 acre
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: No Garage
- Total Parking Spaces: 5
- Maintenance Fee: 0.00
- Amenities Nearby: Golf Nearby, Place of Worship, Schools
- Structure Style: House
- Style: Detached
- Storeys: 3
- Floor Space: 2000 - 2500 sqft
- Bedrooms: 5 + 1
- Bathrooms: 5-Total 1-Partial
- Basement Type: N/A, N/A (Finished), N/A, N/A (Partially finished)
- Heating Type: Natural gas, Forced air
- Cooling: Central air conditioning
- Exterior Type: Aluminum siding, Vinyl siding
- Foundation Type: Block
- Appliances Included: Oven - Built-In, Range, Water Heater, Stove, Refrigerator
- Structures: Porch
- Lighting
- Level
- Community Centre
- School Bus
| Type | Level | Dimensions |
|---|---|---|
| Office | Lower level | 5.01 m x 5.57 m |
| Utility room | Lower level | 8.21 m x 4.49 m |
| Kitchen | Lower level | 3.37 m x 4.28 m |
| Living room | Lower level | 4.18 m x 5.05 m |
| Primary Bedroom | Lower level | 3.04 m x 4.15 m |
| Study | Lower level | 3.05 m x 2.41 m |
| Utility room | Lower level | 3.05 m x 2.38 m |
| Bathroom | Lower level | 1.93 m x 2.37 m |
| Bathroom | Main level | 1.61 m x 2.67 m |
| Office | Main level | 5.01 m x 3.36 m |
| Living room | Main level | 4.97 m x 4 m |
| Bathroom | Main level | 2.13 m x 2.47 m |
| Family room | Main level | 3.2 m x 3.9 m |
| Bedroom 2 | Main level | 2.91 m x 3.1 m |
| Bedroom 3 | Main level | 2.91 m x 3.26 m |
| Kitchen | Main level | 5.01 m x 4.32 m |
| Primary Bedroom | Main level | 3.26 m x 3.44 m |
| Kitchen | Upper Level | 3.42 m x 5.03 m |
| Living room | Upper Level | 4.97 m x 3.69 m |
| Primary Bedroom | Upper Level | 3.06 m x 2.82 m |
| Bedroom 2 | Upper Level | 2.69 m x 3.19 m |
| Bathroom | Upper Level | 2 m x 1.6 m |
Listing Office: BOWES & COCKS LIMITED
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