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Home ON Asphodel-Norwood
2361 COUNTY ROAD 45
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2361 COUNTY ROAD 45 $2,249,000
2 days ago
$2,249,000
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2361 COUNTY ROAD 45
Asphodel-Norwood (Norwood), Ontario K0L2V0

MLS® Number: X12110485

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. (40340103)

Location Description

County Rd 45, just south of Hwy 7. At the 4 way light in Norwood

Property Summary

Property Type
Retail
Community Name
Norwood
Land Size
99 x 198 FT
Age Of Building
51 to 99 years
Annual Property Taxes
$8,855.69
Time on REALTOR.ca
2 days

Building

Interior Features
Appliances Included
Dryer, Water Heater, Stove, Washer, Refrigerator
Building Features
Features
Irregular lot size, Conservation/green belt
Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Baseboard heaters
Utilities
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Highway

Land

Lot Features
Frontage
99 ft
Land Depth
198 ft
Other Property Information
Zoning Description
C1-(F) Commercial & Residential
Data provided by: Central Lakes Association of REALTORS® Unit 5 - 1100 BENNETT Road, BOWMANVILLE, Ontario L1C 0Y7
CODY SHAW