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$1,099,900 (-4%) Sale
Listed 167 days ago
1578 County 8 Road
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· 13
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Listing History
Buy/Sell/Terminated/Expired listing history for 1578 County 8 Road
Key Facts
Key facts for 1578 County 8 Road
Property Type
Commercial
Parking
None
MLS #
X13053928
Size
-
Basement
-
Listed on
2026-04-27
Lot size
327 x 191.13
Tax
$8,660 /yr
Days on Market
169
Approximate Age
-
Maintenance Fee
-
Description
Are you looking for a new business or a High Cash Flow Investment with 11.2% CAP? This is a turnkey Well Maintained Multi-Unit building. Rare opportunity to own a proven income-producing property. With AAA tenants and a flexible model suited for hands-on operators or passive investors. Offering 8 si...ngle units, 1 two-bedroom apartment, and 1 commercial unit, plus shared amenities including a dining area with a fireplace, a lounge, a full kitchen, and common laundry. Zoned C2 the commercial unit could be used as a convenience store, restaurant, and much more. Situated on a 1.3-acre lot, it offers ample parking, green space, and private walk-out patios for each unit. Tenants currently receive meal services, creating an assisted-living style income stream. Option to hire out meals and maintenance for a hands-off investment. Value-add potential includes adding kitchenettes or expanding the building to increase cash flow. Conveniently located between Fenelon Falls and Bobcaygeon. Just steps to Eganridge Resort for dining and golfing and approx. 1.5 hours from the GTA. Turnkey opportunity with strong returns and future growth potential.
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Courtesy of: Royal Heritage Realty Ltd.