Asphodel-Norwood K0L 2V0 Ontario
MLS: X12512288
Added 1 hour ago | For Sale
Listed by: BOWES & COCKS LIMITED
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.
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Kitchen | Eat-in Kitchen | 16 ft, 5 in x 14 ft, 2 in |
| Primary Bedroom | 10 ft, 8 in x 11 ft, 3 in | ||
| Bathroom | 3 Pc Ensuite | 5 ft, 3 in x 8 ft, 9 in | |
| Office | 16 ft, 5 in x 11 ft | ||
| Living Room | 16 ft, 4 in x 13 ft, 1 in | ||
| Bathroom | 3 Pc Bath | 7 ft x 8 ft, 1 in | |
| Family Room | 10 ft, 6 in x 12 ft, 10 in | ||
| Bedroom 3 | 9 ft, 7 in x 10 ft, 2 in | ||
| Bedroom 4 | 31 ft, 6 in x 10 ft, 8 in | ||
| Upper | Kitchen | Eat-in Kitchen | 11 ft, 3 in x 16 ft, 6 in |
| Living Room | 16 ft, 4 in x 12 ft, 1 in | ||
| Primary Bedroom | 10 ft x 9 ft, 3 in | ||
| Bedroom 2 | 8 ft, 10 in x 10 ft, 6 in | ||
| Bathroom | 6 ft, 7 in x 5 ft, 3 in | ||
| Lower | Office | South View, B/I Vanity | 16 ft, 5 in x 18 ft, 3 in |
| Utility Room | Irregular Room | 26 ft, 11 in x 14 ft, 9 in | |
| Kitchen | 11 ft, 1 in x 14 ft, 1 in | ||
| Living Room | 13 ft, 9 in x 16 ft, 7 in | ||
| Primary Bedroom | 10 ft x 13 ft, 7 in | ||
| Study | 10 ft x 7 ft, 11 in | ||
| Utility Room | 10 ft x 7 ft, 10 in | ||
| Bathroom | 3 Pc Bath | 6 ft, 4 in x 7 ft, 9 in |
No property rooms available.
