Key Facts
- MLS® #: X12512288
- Property ID: SIRC2944507
- Property Type: Residential, Single Family Detached
- Lot Size: 14,658.44 sq.ft.
- Bedrooms: 5+1
- Bathrooms: 5
- Additional Rooms: Den
- Parking Spaces: 5
- Listed By:
- BOWES & COCKS LIMITED
Property Description
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.
Rooms
- TypeLevelDimensionsFlooring
- Home officeLower18' 3.2" x 16' 5.2"Other
- UtilityLower14' 8.7" x 26' 11.2"Other
- KitchenLower14' 5" x 11' 6.7"Other
- Living roomLower16' 6.8" x 13' 8.5"Other
- OtherLower13' 7.3" x 9' 11.6"Other
- StudyLower7' 10.8" x 10' 7.8"Other
- UtilityLower7' 9.7" x 10' 7.8"Other
- BathroomLower7' 9.3" x 6' 3.9"Other
- KitchenMain14' 2" x 16' 5.2"Other
- OtherMain11' 3.4" x 10' 8.3"Other
- BathroomMain8' 9.1" x 5' 3.3"Other
- Home officeMain11' 2.8" x 16' 5.2"Other
- Living roomMain13' 1.4" x 16' 3.6"Other
- BathroomMain8' 1.2" x 6' 11.8"Other
- Family roomMain12' 9.5" x 10' 5.9"Other
- BedroomMain10' 2" x 9' 6.5"Other
- BedroomMain10' 8.3" x 9' 6.5"Other
- KitchenUpper16' 6" x 11' 2.6"Other
- Living roomUpper12' 1.2" x 16' 3.6"Other
- OtherUpper9' 3" x 10' 4.7"Other
- BedroomUpper10' 5.5" x 8' 9.9"Other
- BathroomUpper5' 2.9" x 6' 6.7"Other
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Location
4289 Highway 7, Asphodel-Norwood, Ontario, K0L 2V0 Canada
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