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MLS® X12412236
Asphodel-Norwood, ON
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.
Inclusions
Residential - 5 fridges, 5 stoves, 5 electric hot water tanks. Commercial - 3 electric hot water tanks, 1 gas hot water tank, all contents of laundromat- 4 top washers, 4 front washers, 4 double dryers stacked, 1 dryer 45 lb stacked, 2 x 45 lbs washer.
Exclusions
Personal items.
Broker
RE/MAX HALLMARK EASTERN REALTY
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Commercial Retail
2361 County Rd 45 Asphodel-Norwood
Asphodel-Norwood
Type
Commercial Retail
Parking
Lane
Property Tax
~$8,856/yr
Heating
Baseboard
Buying Essentials
Parking
Lane
Finances
List Price
$2,150,000
Property Tax
~$8,856/yr
Property Specs
Property Type
Commercial Retail
Living & Amenities
Heating Type
Baseboard
Policies & Utilities
Neighbourhood
Asphodel-Norwood
Listed On
Sep 18, 2025
Days on Market
Current: 415 days
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