113166 /113176 Hwy 7 N/A, Addington Highlands, ON K0H 1Z0

Addington Highlands K0H 1Z0 Ontario

MLS: X12267547

$389,900

Added 19 days ago | For Sale

Listed by: ROYAL LEPAGE PROALLIANCE REALTY

About Property

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.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 168.89 X 312.69
  • Water:Well
  • Garage Spaces: /Single Detached
  • Driveway:
  • Heating Fuel:
  • Cross Street:Highway 7
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $2084.32
  • Bedrooms:
  • Total Parking Spaces:5
  • Parking Places:5
  • Heating Type:Propane Gas
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12267547

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