15661 Highway 35 Highway, Algonquin Highlands, ON K0M 1J2

$875,000
5
BD
5
BA
2,000
SqFt

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List Price
$875,000
MLS#
X13432048
Status
ACTIVE
Type
Multifamily
SubType
Fourplex
Style
2-Storey
Bedrooms
5
Bathrooms
5
Living Area
2000-2500
Province
ON
Municipality
Algonquin Highlands
Area
Haliburton
Neighborhood
Stanhope
Subdivision
Hwy 35 & Hwy 118

Property Description

Make your real estate investment pay you. This legal home-styled 4 plex has undergone extensive renovations resulting in 4 well appointed apartments which will be easy to rent. Having sustained minimal use the apartments are ready to be occupied with no immediate maintenance required. Currently 3 of the apartments are empty allowing the new owner maximum control over new tenants. Or, the owner may choose to live in one unit and rent out the other 3. Each apartment is attractively finished including premium tiles and tumble marble in bathrooms, modern kitchens and laminate flooring throughout. The results being each apartment has its own unique décor style. The exterior is finished with salmon coloured brick base topped with stone window ledges, corner key décor and beige stucco giving the building its own upscale appearance. Your new tenants will be able to enjoy the perks of country living including a large open lot that includes gardens for flowers or vegetables. The separate utility room houses the hot water tanks, water system with commercial water filtration and UV system, and laundry facilities (not currently hooked up) New septic system installed in 2019. Then there is the self contained finished unit at the front suitable for office or storage, or possible expansion of apartment. Add to all this the 46 x 49 foot garage with new roof (winter of 2025/2026 Personal storage? Business storage? Rental storage? An additional office space in the building would be ideal for a home occupation. With the high demand for rental accommodation in Haliburton County, this could be opportunity to increase your real estate investment income. All this located within easy commuting distance to Minden or Haliburton and just a short drive to Bracebridge and Huntsville.

Additional Information

Taxes
$2,787
Water
Drilled Well
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Kitchens
4
Exterior
Stucco (Plaster), Brick Veneer
Waterfront Type
None
Garage Spaces
2
Garage Type
Attached
Pool
None
Parking Spaces
8
Parking Type
Circular Drive

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Calculator source: Real Geeks

Listing courtesy of Century 21 Granite Realty Group Inc..