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    For Sale - 4289 Highway 7 N/A, Asphodel-Norwood, Ontario

    Est payment $3,068/mo
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    Views   1
    Time on Jump  146 day

    AI Summary *

    • Well-maintained multi-use building with commercial and residential income streams.
    • Two vacant commercial units ready for new tenants or owner operation.
    • Flexible main-level apartment easily convertible for increased rental income.
    • Three residential units with reliable long-term tenants and owner-occupancy.
    • Durable exterior materials ensure low maintenance and longevity.




    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, 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.
    Listing IDX12512288
    Address4289 Highway 7 N/A
    CityAsphodel-Norwood, Ontario
    Price$639,000
    Bed / Bath6 / 5 Full
    Style3-Storey, Detached
    ConstructionAluminum Siding, Vinyl Siding
    Land Size0.162
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Accessory Apartment, Built-In Oven, Countertop Range, Separate Heating Controls, Water Heater OwnedOutdoor Features Lighting, Porch, Recreational AreaAmenities Golf, Library, Place Of Worship, Rec./Commun.Centre, School, School Bus RouteOwnership FreeholdViews Downtown, Skyline, Trees/WoodsWaterfront NoneAppliances Bath Grab Bars, Multiple EntrancesBasement Apartment, Finished with Walk-Out, Separate Entrance, Partially FinishedFoundation BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 5.00
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    Listing Agency:  Bowes & Cocks Limited

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    4289 Highway 7 N/a
    Asphodel-Norwood , Ontario
    6 5 $639,000
    Get more info