Homes for sale - 4289 HIGHWAY 7, Asphodel-norwood (norwood), ON K0L...

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Lisa Laughton

lisalaughtonrealty@gmail.com +1(403) 804-1248

$ 639,000

Est. payment | -/mo

6 Beds

5 Baths

2,000 SqFt

Save

$ 639,000

Est. payment | -/mo

Save

6 Beds

5 Baths

2,000 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $319

Subdivision Norwood

MLS® Listing ID X12512288

Bedrooms 6

Half Baths 1

Property Sub-Type Freehold

Source Central Lakes Association of REALTORS®

Property Description

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 opportunities for new tenants or owner operation.) Residential Units: Main Level Apartment (3 Bedrooms): Originally two separate units (a 1-bedroom and a 2-bedroom), this large apartment features an eat-in kitchen, family room, living room, three bedrooms, two 4-piece baths. It can easily be converted back into two self-contained apartments for increased rental income. Lower-Level Apartment (1 Bedroom): Comfortable unit with den, living room, and full kitchen. Third-Floor Apartment (2 Bedrooms): Bright and spacious, offering two bedrooms and a 4-piece bathroom. Additional Features: Tenancy: One unit is owner-occupied; two are rented to long-term, reliable tenants. Heating: Efficient natural gas furnace (replaced in 2013). Exterior: Metal roof and vinyl/aluminum siding for low-maintenance durability. Basement: Clean, dry space for storage or utilities. Investment Opportunity: This is a rare chance to acquire a solid, income-generating property with room for customization. Ideal for investors or owner-occupiers seeking additional revenue in a high-visibility location on Highway 7 in Norwood. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Lower level 5.01 m X 5.57 m Office

Extra Room 2 Lower level 8.21 m X 4.49 m Utility room

Extra Room 3 Lower level 3.37 m X 4.28 m Kitchen

Extra Room 4 Lower level 4.18 m X 5.05 m Living room

Extra Room 5 Lower level 3.04 m X 4.15 m Primary Bedroom

Extra Room 6 Lower level 3.05 m X 2.41 m Study

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

Community Features Community Centre, School Bus

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Story 3

Sewer Sanitary sewer

Others

Ownership Freehold

Listed by BOWES & COCKS LIMITED

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 804-1248

lisalaughtonrealty@gmail.com

1817 Crowchild Trl NW, Calgary, T2M, 4R6, Canada

4289 HIGHWAY 7 Asphodel-norwood (norwood), ON K0L2V0