ON > Asphodel-norwood > Norwood
Asphodel-norwood, ON K0L 2V0,2361 County Road 45 N/A
Asphodel-norwood, ON K0L 2V0,2361 County Road 45 N/A
Asphodel-norwood, ON K0L 2V0,2361 County Road 45 N/A
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$2,249,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Subdivision Norwood

MLS Listing ID X12110485

Building Age 51-99

Annual Tax Amount $8,855

Tax Year 2024

Property Sub-Type Commercial Retail

Lot Depth 198.0

Lot Front 99.0

Property 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.

Location

Province ON

County Peterborough

Community Norwood

Area Peterborough

Zoning C1-(F) Commercial & Residential

Interior

Cooling Partial

Inclusions residential - 5 fridges, 5 stoves, 5 electric hot water tanks, commercial - 3 electric hot water tanks, 1 gas hot water tank, all contents of laundromat- 4 top washers, 4 front washers, 4 double dryers stacked, 1 dryer 45 lb stacked, 2 x 45 lbs washer

Exterior

Community Features Greenbelt/Conservation, Major Highway

Utilities Available Available

Lot Frontage 99.0

Lot Depth 198.0

Others

Security Features No

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Listed by RE/MAX HALLMARK EASTERN REALTY

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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