113166 /113176 Hwy 7 Addington Highlands, Ontario K0H 1Z0

$389,900

An excellent investment opportunity awaits with this rare, multi-unit setup on 2.38 acres backing onto the Trans Canada Trail. The property features two separate dwellings, offering strong income potential and flexibility for a variety of strategies. The main house is freshly painted, vacant, and move-in ready ideal for attracting quality tenants or for an owner-occupier looking to offset mortgage costs. It includes 3 bedrooms, a 4-piece bath, propane furnace (2017), and a mix of laminate, hardwood, and tile flooring. A usable crawl space with laundry hookups and a separate entrance adds utility and potential. The second building is a fully tenanted duplex, consisting of a 2-bedroom unit and a 1-bedroom unit each with separate hydro meters and electric baseboard heating. A detached garage is also included; while it requires some TLC, it offers value-add potential as storage or workshop space. With two wells and two septic systems (both recently pumped in November 2023), this property is well-equipped to support multi-tenant occupancy. Whether you're looking for steady cash flow, a live-and-rent scenario, or a long-term hold with room for improvement, this property offers a strong foundation for your investment portfolio. (id:59743)

Property Details

MLS® Number	X12267547
Property Type	Business
Parking Space Total	5

Building

Size Interior	765 Ft2
Utility Water	Drilled Well

Land

Acreage	No
Size Depth	312 Ft ,8 In
Size Frontage	168 Ft ,10 In
Size Irregular	168.89 X 312.69 Ft
Size Total Text	168.89 X 312.69 Ft
Zoning Description	Hr - Hamlet Residential

https://www.realtor.ca/real-estate/28568157/113166-113176-hwy-7-addington-highlands