$1,199,000
FOR SALE

Investment

Lot: 327.39 x 191.13 ft
2025 Taxes: $8,660

1578 County 8 Rd
Kawartha Lakes, ON K0M 1N0 | Verulam

Are you looking for a new business or a High Cash Flow Investment with 11.2% CAP? This is a turnkey Well Maintained Multi-Unit building. Rare opportunity to own a proven income-producing property. With AAA tenants and a flexible model suited for hands-on operators or passive investors. Offering 8 single units, 1 two-bedroom apartment, and 1 commercial unit, plus shared amenities including a dining area with a fireplace, a lounge, a full kitchen, and common laundry. Zoned C2 the commercial unit could be used as a convenience store, restaurant, and much more. Situated on a 1.3-acre lot, it offers ample parking, green space, and private walk-out patios for each unit. Tenants currently receive meal services, creating an assisted-living style income stream. Option to hire out meals and maintenance for a hands-off investment. Value-add potential includes adding kitchenettes or expanding the building to increase cash flow. Conveniently located between Fenelon Falls and Bobcaygeon. Just steps to Eganridge Resort for dining and golfing and approx. 1.5 hours from the GTA. Turnkey opportunity with strong returns and future growth potential.
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Listed By ROYAL HERITAGE REALTY LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13053928
Last Updated Apr 28, 2026
Property Summary
Property Type Investment

More like this:
Use Apts - 6 To 12 Units
PIN 631260590
Legal Description PT LT 17-18 CON 6 VERULAM AS IN R401266; KAWARTHA LAKES
Possession Date NEG
Taxes (2025) $8,660
Directions/Cross Streets County rd 8 / East Beehive Rd
Neighbourhood Verulam
Area Kawartha Lakes
Price History

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Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Bathrooms 13
Lot 327.39 x 191.13 ft
Air Conditioning Yes
Basement Basement
Chattels Y
Garage Type None
Parking Spaces 15
Heat Type Propane Gas
Financial Statement Y
Water Drilled Well

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