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1578 COUNTY 8 ROAD
Kawartha Lakes (Verulam) Ontario K0M1N0 Canada

$1,190,000

Active Listing ID X12615528
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1
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13.00 Bath
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Multi-family

$1,190,000

Active Listing ID X12615528
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1578 COUNTY 8 ROAD A rare and attractive opportunity for investors! This well-maintained multi-unit complex is tailored for 55+ living and boasts a strong 10.7 % 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 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 have two meals provided in their rent. Making this a turnkey opportunity for those looking to semi-retire in the Kawarthas. Alternatively, investors can add kitchenettes to each unit already rough in and the tenants can share the common kitchen. Endless options to expand by adding a second floor or addition to the building to increase cash flow. 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:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: Fully air conditioned
  • Heating Systems: Baseboard heaters
  • Additional Features
  • Basement
Listing Changed: 12/11/2025 8:40:19 PM GMT
Source Updated Date: 12/14/2025 10:12:10 PM GMT

Courtesy of: MICHAEL JANCSIK, Broker, ROYAL HERITAGE REALTY LTD.