NewFor Sale

113166 /113176 Hwy 7
Addington Highlands, Lennox & Addington, ON, K0H 1Z0

Investment
TRREB
MLS® Number: X12267547
$389,900List Price
InvestmentProperty Type
765 sq ftSize
$2,084.32 / 2024Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 113166 /113176 Hwy 7 N/A, Addington Highlands, ON K0H 1Z0

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Description

An excellent investment opportunity awaits with this rare, multi-unit setup on 2.38 acres backing onto the Trans Canada Trail. The property features two separate dwellings, offering strong income potential and flexibility for a variety of strategies. The main house is freshly painted, vacant, and move-in ready ideal for attracting quality tenants or for an owner-occupier looking to offset mortgage costs. It includes 3 bedrooms, a 4-piece bath, propane furnace (2017), and a mix of laminate, hardwood, and tile flooring. A usable crawl space with laundry hookups and a separate entrance adds utility and potential. The second building is a fully tenanted duplex, consisting of a 2-bedroom unit and a 1-bedroom unit each with separate hydro meters and electric baseboard heating. A detached garage is also included; while it requires some TLC, it offers value-add potential as storage or workshop space. With two wells and two septic systems (both recently pumped in November 2023), this property is well-equipped to support multi-tenant occupancy. Whether you're looking for steady cash flow, a live-and-rent scenario, or a long-term hold with room for improvement, this property offers a strong foundation for your investment portfolio.

Features

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Amenities

No amenities available

Summary

Tax (Annual):$2,084.32 / 2024
Listing #:X12267547
Property Type:Investment
Size:765 sq ft
Land Size:168.89 x 312.69
Days on CPRB:
Garage:Single Detached
Locker:None
On CPRB Since:
Listing Brokerage:ROYAL LEPAGE PROALLIANCE REALTY

Rooms

Details

Property

Property Type:Investment
Community:Addington Highlands
Municipality:Lennox & Addington

Building

Size:765 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Single Detached
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Propane Gas

Land

Cross Street:Highway 7

$389,900

List price

113166 /113176 Hwy 7, Addington Highlands – Investment for sale