ON > Kawartha Lakes > Verulam
Kawartha Lakes, ON K0M 1N0,1578 County RD
Kawartha Lakes, ON K0M 1N0,1578 County RD
Kawartha Lakes, ON K0M 1N0,1578 County RD
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$1,480,000
Est. payment /mo
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13 Baths
1 SqFt
Price Dropped by $13.3M

1578 County RD Kawartha Lakes, ON K0M 1N0

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Kenneth Yim

Kenneth Yim

+1(416) 651-5653

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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $1,480,000

Subdivision Verulam

MLS Listing ID X12123890

Annual Tax Amount $8,084

Tax Year 2025

Property Sub-Type Investment

Property Description

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!

Location

Province ON

County Kawartha Lakes

Community Verulam

Area Kawartha Lakes

Zoning C

Interior

Cooling Yes

Exterior

Parking Features None

Utilities Available Yes

Building

Lot Description Lot

Lited by ROYAL HERITAGE REALTY LTD.

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agent

Kenneth Yim

Broker of Record | License ID: 9524831

+1(416) 651-5653

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