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| Floor | Bedrooms | Bathrooms |
|---|---|---|
| Basement | 1 | 2 |
| Ground | 3 | 2 |
| Second | 2 | 1 |
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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
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30 Year , 3.99% interest


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Nestled in the heart of the picturesque community of Asphodel-Norwood, this charming house for sale in Asphodel-Norwood is ideally located at 4289 Highway 7, Asphodel-Norwood. This well-maintained detached house, boasting a striking three-storey design, offers a remarkable opportunity for those looking to invest in a property with both residential and commercial potential. With its prime location on Highway 7, this property is not just a house; it’s a gateway to numerous possibilities.
The exterior of the house features a combination of aluminium and vinyl siding, ensuring both durability and low maintenance. As you step inside, you’ll find a spacious layout that encompasses a total of 14 rooms, including five generous bedrooms and a den, perfect for a home office or study area. With two kitchens at your disposal, cooking and entertaining will be a delight. The house for sale in Asphodel-Norwood truly caters to a variety of lifestyles, whether you are a large family or an investor seeking rental opportunities.
The main level of the house features a large apartment that was originally two separate units, a one-bedroom and a two-bedroom, which can easily be converted back if desired. This flexibility allows for increased rental income potential, making it an attractive option for investors. The apartment includes an eat-in kitchen, a family room, a living room, three bedrooms, and two 4-piece bathrooms, providing ample space for comfortable living.
The lower-level apartment, which features one bedroom, a den, a living room, and a full kitchen, is perfect for guests or could serve as an additional rental unit. The third-floor apartment is bright and spacious, offering two bedrooms and a 4-piece bathroom, making it an ideal living space for tenants or family members.
While the house for sale in Asphodel-Norwood does not include a pool or fireplace, it compensates with its central air conditioning, ensuring comfort throughout the warmer months. The heating system is powered by forced air, and the property is connected to municipal water and sewer services, providing peace of mind for future homeowners.
Parking is plentiful, with a private double driveway that accommodates up to five vehicles, making it convenient for families or guests. Although there is no garage space, the expansive lot measures an impressive 62 x 237 feet, offering plenty of outdoor space for gardening or recreational activities.
The basement of the property is finished with a walk-out and a separate entrance, making it an excellent space for additional storage or utilities. The clean, dry environment adds to the versatility of this house for sale in Asphodel-Norwood, providing options for future development or personal use.
This property is not just a house; it is a unique investment opportunity. With one unit currently owner-occupied and two rented to long-term, reliable tenants, the potential for steady income is evident. The efficient natural gas furnace, replaced in 2013, adds to the property's appeal, ensuring that heating costs remain manageable.
In summary, this house for sale in Asphodel-Norwood at 4289 Highway 7, Asphodel-Norwood, is a rare find in a high-visibility location. Whether you are an investor looking to expand your portfolio or a family seeking a spacious home with multiple living arrangements, this property offers the perfect blend of residential comfort and commercial potential. Don’t miss out on the chance to own this versatile property in the thriving community of Asphodel-Norwood. Come and explore the possibilities that await you!
Norwood, nestled within the charming municipality of Asphodel-Norwood, is a picturesque community characterised by its serene landscapes and close-knit rural charm. Surrounded by lush greenery and rolling hills, it offers a tranquil escape from the hustle and bustle of urban life. The area boasts a rich tapestry of outdoor activities, with scenic trails for hiking and cycling, as well as opportunities for fishing and boating in nearby waterways. Residents enjoy a strong sense of belonging, supported by local amenities and a welcoming atmosphere. With its blend of natural beauty and community spirit, Norwood presents an inviting option for those seeking a peaceful yet vibrant place to call home.
This property is conveniently located near several educational institutions, making it an ideal choice for families with children. Within just 0.5 km, you will find Norwood District Public School, which offers both English and French language programs for grades K to 6 under the Kawartha Pine Ridge District School Board. Additionally, St. Paul Catholic Elementary School is situated 0.6 km away and provides a Catholic education in English for students from Junior Kindergarten to grade 8, governed by the Peterborough Victoria Northumberland and Clarington Catholic District School Board. The proximity of these schools ensures that children can easily access quality education without the need for long commutes. While the school ratings are currently listed as "0," it is important for prospective buyers to consider visiting the schools and engaging with the community to get a better understanding of the educational environment. Overall, this property offers a family-friendly atmosphere with essential educational facilities just a short distance away, enhancing the appeal for potential buyers seeking a nurturing environment for their children.
This property features 5 bathroom(s) and 5 bedroom(s).
This Detached property includes 1 additional bedrooms.
The total square footage of this Detached 5 bed property in Asphodel-Norwood is 2000 - 2500.
4289 Highway 7 boasts 5 convenient parking spaces.
This property does not feature a garage.
Information about the garage type is not provided.
Yes, this property has a basement.
This property features Apartment, Finished with Walk-Out, Separate Entrance, Partially Finished basement.
It is not specified whether this property has a swimming pool.
There is no fireplace in this property.
This property includes 2 kitchen(s).
Information about the maintenance fee is not available.
Information about whether this property is furnished is not available.
The heating system in place is a Forced Air.
Information about utilities is not available.
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