Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Royal LePage
Royal LePage
Image 1
Image 2
Image 3
$639,000

5+1 Beds

5 Baths

2000 - 2500 FEETSQ

QuickQuoteTM: $559K - $750K

Asphodel-Norwood (Norwood) ON, K0L 2V0

MLS® # X12512288

Property Information:

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. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Amenities: Separate Heating Controls
  • Basement Development: Finished, Partially finished
  • Basement Type: N/A, N/A, N/A, N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Aluminum siding, Vinyl siding
  • Fire Protection: Smoke Detectors
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Oven - Built-In, Range, Stove, Refrigerator

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 5+1
  • Bathrooms: 5
  • Half Bathrooms: 1
  • Amenities Nearby: Golf Nearby, Schools
  • Community Features: Community Centre, School Bus
  • Features: Lighting, Level
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 237.2 Feet
  • Lot Frontage: 61.8 Feet
  • Lot Size: 61.8 x 237.2 FT ; Triangular
  • Structure Type: Porch
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 5

Rooms:

  • Office Lower Level 5.01 m x 5.57 m
  • Utility Lower Level 8.21 m x 4.49 m
  • Kitchen Lower Level 3.37 m x 4.28 m
  • Living Lower Level 4.18 m x 5.05 m
  • Primary Bedroom Lower Level 3.04 m x 4.15 m
  • Study Lower Level 3.05 m x 2.41 m
  • Utility Lower Level 3.05 m x 2.38 m
  • Bathroom Lower Level 1.93 m x 2.37 m
  • Bathroom Main Level 1.61 m x 2.67 m
  • Office Main Level 5.01 m x 3.36 m
  • Living Main Level 4.97 m x 4.00 m
  • Bathroom Main Level 2.13 m x 2.47 m
  • Family Main Level 3.20 m x 3.90 m
  • 2nd Bedroom Main Level 2.91 m x 3.10 m
  • 3rd Bedroom Main Level 2.91 m x 3.26 m
  • Kitchen Main Level 5.01 m x 4.32 m
  • Primary Bedroom Main Level 3.26 m x 3.44 m
  • Kitchen Upper Level 3.42 m x 5.03 m
  • Living Upper Level 4.97 m x 3.69 m
  • Primary Bedroom Upper Level 3.06 m x 2.82 m
  • 2nd Bedroom Upper Level 2.69 m x 3.19 m
  • Bathroom Upper Level 2.00 m x 1.60 m

Convert Measurement to:


Courtesy of: Bowes & Cocks Limited

REALTOR.ca  

More Detail
Less Detail
QuickQuoteTM Powered by RPS
Approximate value for 6 bed, 5 bath house in this area is:
List Price
below Estimate List Price
above Estimate
List Price
QuickQuoteTM provides an estimated range of a property's current value and is based on recent historical data and neighbourhood sales. QuickQuoteTM may vary from the list price as a result of market dynamics, or if the property has changed substantially since its last sale. Click below to connect with an expert. By using QuickQuoteTM you acknowledge that you have read and agree to the Terms of Use and the Privacy Policy.

Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 4289 HIGHWAY 7, Asphodel-Norwood (Norwood), Ontario, K0L 2V0

Demographic Information of 4289 HIGHWAY 7, Asphodel-Norwood (Norwood), Ontario, K0L 2V0

Life Stage

Families with Tweens

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$100,816.96

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.96 %

High school certificate or equivalent

40.36 %

Apprenticeship trade certificate/diploma

6.04 %

College/non-university certificate

27.76 %

University Degree

8.88 %

Commuter

Travel To Work

By Car

90.28 %

By Public Transit

0.0 %

By Walking

9.72 %

By Bicycle

0.0 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

16.1 %

Houses

83.9 %

Own Vs. Rent

More Detail
Less Detail