$639,000
Available - For Sale
Listing ID: X12512288
4289 Highway 7 N/A , Asphodel-Norwood, K0L 2V0, Peterborough
| 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. |
| Price | $639,000 |
| Taxes: | $2427.31 |
| Occupancy: | Owner+T |
| Address: | 4289 Highway 7 N/A , Asphodel-Norwood, K0L 2V0, Peterborough |
| Acreage: | < .50 |
| Directions/Cross Streets: | Elm Street & Highway 7 |
| Rooms: | 14 |
| Rooms +: | 8 |
| Bedrooms: | 5 |
| Bedrooms +: | 1 |
| Family Room: | T |
| Basement: | Apartment, Finished wit |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Lower | Office | 16.43 | 18.27 | South View, B/I Vanity |
| Room 2 | Lower | Utility R | 26.93 | 14.73 | Irregular Room |
| Room 3 | Lower | Kitchen | 11.05 | 14.04 | |
| Room 4 | Lower | Living Ro | 13.71 | 16.56 | |
| Room 5 | Lower | Primary B | 9.97 | 13.61 | |
| Room 6 | Lower | Study | 10 | 7.9 | |
| Room 7 | Lower | Utility R | 10 | 7.81 | |
| Room 8 | Lower | Bathroom | 6.33 | 7.77 | 3 Pc Bath |
| Room 9 | Main | Kitchen | 16.43 | 14.17 | Eat-in Kitchen |
| Room 10 | Main | Primary B | 10.69 | 11.28 | |
| Room 11 | Main | Bathroom | 5.28 | 8.76 | 3 Pc Ensuite |
| Room 12 | Main | Office | 16.43 | 11.02 | |
| Room 13 | Main | Living Ro | 16.3 | 13.12 | |
| Room 14 | Main | Bathroom | 6.99 | 8.1 | 3 Pc Bath |
| Room 15 | Main | Family Ro | 10.5 | 12.79 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Upper |
| Washroom Type 2 | 4 | Main |
| Washroom Type 3 | 3 | Lower |
| Washroom Type 4 | 1 | Lower |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Upper |
| Washroom Type 7 | 4 | Main |
| Washroom Type 8 | 3 | Lower |
| Washroom Type 9 | 1 | Lower |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 4 | Upper |
| Washroom Type 12 | 4 | Main |
| Washroom Type 13 | 3 | Lower |
| Washroom Type 14 | 1 | Lower |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 4 | Upper |
| Washroom Type 17 | 4 | Main |
| Washroom Type 18 | 3 | Lower |
| Washroom Type 19 | 1 | Lower |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 4 | Upper |
| Washroom Type 22 | 4 | Main |
| Washroom Type 23 | 3 | Lower |
| Washroom Type 24 | 1 | Lower |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 4 | Upper |
| Washroom Type 27 | 4 | Main |
| Washroom Type 28 | 3 | Lower |
| Washroom Type 29 | 1 | Lower |
| Washroom Type 30 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | 3-Storey |
| Exterior: | Aluminum Siding, Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private Do |
| Drive Parking Spaces: | 5 |
| Park #1 | |
| Parking Type: | Private Do |
| Park #2 | |
| Parking Type: | Private Do |
| Pool: | None |
| Approximatly Square Footage: | 2000-2500 |
| Property Features: | Golf, Library |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
$
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| BOWES & COCKS LIMITED |
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Peterborough |
| Municipality: | Asphodel-Norwood |
| Neighbourhood: | Norwood |
| Style: | 3-Storey |
| Tax: | $2,427.31 |
| Beds: | 5+1 |
| Baths: | 5 |
| Fireplace: | N |
| Pool: | None |
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