A rare and attractive opportunity for investors! This well-maintained multi-unit complex is tailored for senior living and boasts a strong 8.8 % 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 included in there rent, 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:52316)
ROYAL HERITAGE REALTY LTD.
$1,440,000
1578 COUNTY ROAD, Kawartha Lakes, Ontario
13 Bathrooms
Property
MLS® Number: X12123890
Address: 1578 COUNTY ROAD
City: Kawartha Lakes
Utilities
Central Air: Yes
Heating: Baseboard Heaters
Parking
Parking Spaces: 15
This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.
Property Sale History
Travel and Neighbourhood
Wondering what your commute might look like? Get Directions
Location
