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! (id:53156)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X12123890 |
| Property Type | Multi-family |
| Community Name | Verulam |
| Parking Space Total | 15 |
| Bathroom Total | 13 |
| Cooling Type | Fully Air Conditioned |
| Heating Type | Baseboard Heaters |
| Size Interior | 1 Acres |
| Type | Multi-family |
| Utility Water | Drilled Well |
| Acreage | No |
| Size Depth | 191 Ft ,1 In |
| Size Frontage | 327 Ft ,4 In |
| Size Irregular | 327.39 X 191.13 Ft |
| Size Total Text | 327.39 X 191.13 Ft |
| Zoning Description | C |
https://www.realtor.ca/real-estate/28259049/1578-county-road-kawartha-lakes-verulam-verulam
Michael Jancsik
Broker
(905) 831-2222
(905) 239-4807
www.royalheritagerealty.com/
Walter Jancsik
Salesperson
(905) 831-2222
(905) 239-4807
www.royalheritagerealty.com/
Robert O'malley
Salesperson
(905) 831-2222
(905) 239-4807
www.royalheritagerealty.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Sales Representative
Royal LePage Edmonds & Associates
P: 613.401.4267
