2361 County Rd 45, Asphodel-Norwood, ON K0L 2V0, photo 1

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2361 County Rd 45, Asphodel-Norwood, ON K0L 2V0

Norwood · Asphodel-Norwood · K0L 2V0

$1,995,000

MLS® X13650966

About this property

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

Property type
Commercial Retail · Commercial
Lot
99 × 198 Feet
Heating
Baseboard
Cooling
Partial
Garage
Lane
Taxes
$9,593 (2026)

Location

Approximate location, placed by postal code. Postal code data © GeoNames (CC BY 4.0).

Payments on this home

Estimated monthly payment

$8,833

Principal and interest only, using Canadian semi-annual compounding. Taxes, insurance, and CMHC premiums (required under 20% down) are extra. For planning, not a lending commitment.

Listing courtesy of RE/MAX HALLMARK EASTERN REALTY. Listing data provided by the originating real estate board via PropTx Amplify Syndication.

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Information is deemed reliable but not guaranteed accurate. Room measurements are deemed reliable but not guaranteed.