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Renanza Realty
For sale

2361 COUNTY RD 45

Asphodel-Norwood (Norwood), Ontario

MLS® X13650966

$1,995,000

Status
Active
Property type
Retail
MLS® number
X13650966
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

Opportunity Awaits in Norwood! Located in the rapidly growing town of Norwood and just steps from busy Hwy 7, this exceptional mixed-use property is a rare investment opportunity. Only 20 minutes to Peterborough and Hwy 115, this building offers the perfect blend of commercial and residential income streams.

The main floor features three established commercial tenants with long-term leases, ensuring stable cash flow. Upstairs, five fully tenanted residential unit search with separate hydro meters offer a variety of layouts to attract diverse renters. A profitable, on-site laundromat with several newer machines is included in the sale, adding an additional revenue stream.

Ample parking is available at the rear and side of the building for tenants and customers. Pride of ownership shines throughout with numerous upgrades and meticulous maintenance over the years. This is truly a must-see property an incredible opportunity for investors looking for immediate returns and future growth potential.

Property summary

MLS® number
X13650966
Property type
Retail
Land size
0.43 acres
Annual property taxes
$9,593.13
Days on market
52 days

Features & details

Heating
Baseboard heaters
Cooling
Partially air conditioned
Appliances
Washer, Dryer, Water Heater

What would this home cost you?

Based on the $1,995,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$9,282 /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 RE/MAX HALLMARK EASTERN REALTY, Peterborough.

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.