4289 HIGHWAY 7, Asphodel-Norwood (Norwood), Ontario, K0L 2V0

$639,000

MLS® # X12512288

House For Sale In Asphodel-Norwood (Norwood), Ontario

$639,000

  • 6

    Bedrooms

  • 5

    Baths

  • 61.8 x 237.2 FT ; Triangular

    Lot Size

Property Information:

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, living room, 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. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Amenities: Separate Heating Controls
  • Basement Development: Finished, Partially finished
  • Basement Type: N/A, N/A, N/A, N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Aluminum siding, Vinyl siding
  • Fire Protection: Smoke Detectors
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Oven - Built-In, Range, Stove, Refrigerator

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 5+1
  • Bathrooms: 5
  • Half Bathrooms: 1
  • Amenities Nearby: Golf Nearby, Schools
  • Community Features: Community Centre, School Bus
  • Features: Lighting, Level
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 237.2 Feet
  • Lot Frontage: 61.8 Feet
  • Lot Size: 61.8 x 237.2 FT ; Triangular
  • Structure Type: Porch
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 5

Rooms:

  • Office Lower Level 5.01 m x 5.57 m
  • Utility Lower Level 8.21 m x 4.49 m
  • Kitchen Lower Level 3.37 m x 4.28 m
  • Living Lower Level 4.18 m x 5.05 m
  • Primary Bedroom Lower Level 3.04 m x 4.15 m
  • Study Lower Level 3.05 m x 2.41 m
  • Utility Lower Level 3.05 m x 2.38 m
  • Bathroom Lower Level 1.93 m x 2.37 m
  • Bathroom Main Level 1.61 m x 2.67 m
  • Office Main Level 5.01 m x 3.36 m
  • Living Main Level 4.97 m x 4.00 m
  • Bathroom Main Level 2.13 m x 2.47 m
  • Family Main Level 3.20 m x 3.90 m
  • 2nd Bedroom Main Level 2.91 m x 3.10 m
  • 3rd Bedroom Main Level 2.91 m x 3.26 m
  • Kitchen Main Level 5.01 m x 4.32 m
  • Primary Bedroom Main Level 3.26 m x 3.44 m
  • Kitchen Upper Level 3.42 m x 5.03 m
  • Living Upper Level 4.97 m x 3.69 m
  • Primary Bedroom Upper Level 3.06 m x 2.82 m
  • 2nd Bedroom Upper Level 2.69 m x 3.19 m
  • Bathroom Upper Level 2.00 m x 1.60 m

Courtesy of: Bowes & Cocks Limited

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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