2361 County Rd 45

Norwood, Asphodel-Norwood, K0L 2V0

$1,995,000

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Listed 74 days ago · MLS® X13650966

About this home

Opportunity Awaits in Norwood! Located in the rapidly growing town of Norwood and just steps from busy Hwy 7, this exceptional mixed-use property is a rare investment opportunity. Only 20 minutes to Peterborough and Hwy 115, this building offers the perfect blend of commercial and residential income streams. The main floor features three established commercial tenants with long-term leases, ensuring stable cash flow. Upstairs, five fully tenanted residential unit search with separate hydro meters offer a variety of layouts to attract diverse renters. A profitable, on-site laundromat with several newer machines is included in the sale, adding an additional revenue stream. Ample parking is available at the rear and side of the building for tenants and customers. Pride of ownership shines throughout with numerous upgrades and meticulous maintenance over the years. This is truly a must-see property an incredible opportunity for investors looking for immediate returns and future growth potential.

Details

Type
Commercial Retail
Lot
99 × 198 ft
Garage
Lane
Property tax
$9,593 (2026)
Neighbourhood
Norwood
Municipality
Asphodel-Norwood

Heating, cooling and services

Heating
Baseboard
Air conditioning
Partial
Utilities
Available

Building and exterior

Building area
0 Acres

More

Possession
TBD
Cross street
Hwy 7/Cty Rd 45

Listed by RE/MAX HALLMARK EASTERN REALTY.

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