Salehian.com 647-325-5000

1578 County 8 Road

Verulam, Kawartha Lakes, K0M 1N0

$1,099,900

Reduced $99,100 from $1,199,000

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  • 13 bathrooms

Listed 175 days ago · MLS® X13053178

About this home

Are you looking for a new business or a High Cash Flow Investment with 11.2% CAP? This is a turnkey Well Maintained Multi-Unit building. Rare opportunity to own a proven income-producing property. With AAA tenants and a flexible model suited for hands-on operators or passive investors. Offering 8 single units, 1 two-bedroom apartment, and 1 commercial unit, plus shared amenities including a dining area with a fireplace, a lounge, a full kitchen, and common laundry. Zoned C2 the commercial unit could be used as a convenience store, restaurant, and much more. Situated on a 1.3-acre lot, it offers ample parking, green space, and private walk-out patios for each unit. Tenants currently receive meal services, creating an assisted-living style income stream. Option to hire out meals and maintenance for a hands-off investment. Value-add potential includes adding kitchenettes or expanding the building to increase cash flow. Conveniently located between Fenelon Falls and Bobcaygeon. Just steps to Eganridge Resort for dining and golfing and approx. 1.5 hours from the GTA. Turnkey opportunity with strong returns and future growth potential.

Details

Type
Sale Of Business
Lot
327.39 × 191.13 ft
Garage
None
Property tax
$8,660 (2025)
Neighbourhood
Verulam
Municipality
Kawartha Lakes

Interior

Bathrooms
13 × bathroom

Heating, cooling and services

Heating
Propane Gas
Air conditioning
Yes
Utilities
Yes

Building and exterior

Building area
1 Acres

More

Possession
NEG
Cross street
County rd 8 / East Beehive Rd

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Car-dependent

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: no grocery stores, 0 cafés and restaurants, 0 parks.

Who lives here postal area K0M

Owners / renters
88% / 12%
Median household income
$80,000
Average age
50
Children under 15
11%
Homes
92% detached, 0% high-rise
Commute by transit
0%
Population
53,815

Languages spoken most at home besides English: German 0.2%, Russian 0.1%, Polish 0.1%, Korean 0.1%.

Safety

Crime Severity Index for Kawartha Lakes police: 85 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by Royal Heritage Realty Ltd..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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