15661 HIGHWAY 35 HIGHWAY, Algonquin Highlands (Stanhope)

$875,000 · 5 Bed 5 Bath

About this property

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 decor style. The exterior is finished with salmon coloured brick base topped with stone window ledges, corner key decor 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. (id:66939)

Property details

Price
$875,000
Bedrooms
5
Bathrooms
5
Parking
8
Property type
Multi-family
Basement
None
MLS® number
X13790860

Location

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Source board: OnePoint Association of REALTORS®.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.