113166 /113176 HWY 7, Addington Highlands, Ontario, K0H1Z0
An excellent investment opportunity awaits with this rare, multi-unit setup on 2.38 acres backing onto the Trans Canada Trail. The property features two separate dwellings, offering strong income potential and flexibility for a variety of strategies. The main house is freshly painted, vacant, and move-in ready ideal for attracting quality tenants or for an owner-occupier looking to offset mortgage costs. It includes 3 bedrooms, a 4-piece bath, propane furnace (2017), and a mix of laminate, hardwood, and tile flooring. A usable crawl space with laundry hookups and a separate entrance adds utility and potential. The second building is a fully tenanted duplex, consisting of a 2-bedroom unit and a 1-bedroom unit each with separate hydro meters and electric baseboard heating. A detached garage is also included; while it requires some TLC, it offers value-add potential as storage or workshop space. With two wells and two septic systems (both recently pumped in November 2023), this property is well-equipped to support multi-tenant occupancy. Whether you're looking for steady cash flow, a live-and-rent scenario, or a long-term hold with room for improvement, this property offers a strong foundation for your investment portfolio. (id:2471)
Royal LePage ProAlliance Realty Brokerage - Tweed
- 613-969-7629
- 613-478-6600
- info@thedcbteam.ca
- Property Address: 113166 /113176 HWY 7, Addington Highlands, Ontario, K0H1Z0
- Property Type: Business
- Zoning Description: HR - Hamlet Residential
- Lot Size: 168.89 x 312.69 FT
- Acreage: 168.89 x 312.69 FT
- Water Type: Drilled Well
- Total Parking Spaces: 5
- Maintenance Fee: 0.00
- Floor Space: 765 sqft
Listing Offices: ROYAL LEPAGE PROALLIANCE REALTY
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