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Renanza Realty
For sale

15661 35 HIGHWAY

Algonquin Highlands (Stanhope), Ontario

MLS® X13432068

$875,000

Status
Active
Property type
Multi-family
MLS® number
X13432068
Bedrooms
Bathrooms
Year built

Listing description

Make your real estate investment pay you. This legal home-styled 4 plex has undergone extensive renovations resulting in 4 well appointed apartments which will be easy to rent. Having sustained minimal use the apartments are ready to be occupied with no immediate maintenance required.

Currently 3 of the apartments are empty allowing the new owner maximum control over new tenants. Or, the owner may choose to live in one unit and rent out the other 3. Each apartment is attractively finished including premium tiles and tumble marble in bathrooms, modern kitchens and laminate flooring throughout.

The results being each apartment has its own unique décor style. The exterior is finished with salmon coloured brick base topped with stone window ledges, corner key décor and beige stucco giving the building its own upscale appearance. Your new tenants will be able to enjoy the perks of country living including a large open lot that includes gardens for flowers or vegetables.

The separate utility room houses the hot water tanks, water system with commercial water filtration and UV system, and laundry facilities (not currently hooked up) New septic system installed in 2019. Then there is the self contained finished unit at the front suitable for office or storage, or possible expansion of apartment. Add to all this the 46 x 49 foot garage with new roof (winter of 2025/2026 Personal storage?

Business storage? Rental storage? An additional office space in the building would be ideal for a home occupation.

With the high demand for rental accommodation in Haliburton County, this could be opportunity to increase your real estate investment income. All this located within easy commuting distance to Minden or Haliburton and just a short drive to Bracebridge and Huntsville

Property summary

MLS® number
X13432068
Property type
Multi-family
Building type
Multi-Family
Square footage
1 sq ft
Land size
0.984 acres
Annual property taxes
$2,787.55
Parking
Other
Days on market
82 days

Features & details

Heating
Baseboard heaters
Cooling
None
Appliances
Washer, Dryer

What would this home cost you?

Based on the $875,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,071 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Century 21 Granite Realty Group Inc., MINDEN.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.