$699,000
Available - For Sale
Listing ID: X12236549
9 Fair View Lane , Powassan, P0H 1Z0, Parry Sound
| Investment Opportunity in the Heart of Powassan! Welcome to 9 Fairview Lane-an updated, income-producing gem with historic charm and modern potential. This stately 6-bedroom, 6-bathroom home is currently tenanted and generating a solid 6% cap rate. Each spacious bedroom features its own ensuite bath, making it an ideal setup for continued rental income or a seamless transition into a licensed Bed & Breakfast, thanks to RU-10 zoning. Over the past 5 years, major upgrades have been completed: new natural gas furnace, full electrical rewire, all new plumbing, windows, and septic system. The roof was replaced just 2 years ago, leaving peace of mind for years to come. With over 3,200 sq. ft. above grade and a third-floor finished loft space, there's room to grow or reimagine the layout. Situated on a generous 1.2-acre lot, this is a rare chance to own a turnkey asset with character, cash flow, and flexibility. |
| Price | $699,000 |
| Taxes: | $4338.79 |
| Occupancy: | Tenant |
| Address: | 9 Fair View Lane , Powassan, P0H 1Z0, Parry Sound |
| Directions/Cross Streets: | Hwy 534 |
| Rooms: | 10 |
| Bedrooms: | 6 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | Unfinished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Mud Room | 15.32 | 13.64 | |
| Room 2 | Main | Kitchen | 15.48 | 15.65 | |
| Room 3 | Main | Laundry | 9.97 | 5.81 | |
| Room 4 | Main | Living Ro | 20.07 | 11.58 | |
| Room 5 | Main | Dining Ro | 15.74 | 11.74 | |
| Room 6 | Second | Bedroom | 11.97 | 9.91 | 3 Pc Ensuite |
| Room 7 | Second | Bedroom 2 | 11.81 | 11.05 | 3 Pc Ensuite |
| Room 8 | Second | Bedroom 3 | 12.07 | 12.66 | 3 Pc Ensuite |
| Room 9 | Second | Bedroom 4 | 10.4 | 12.07 | 3 Pc Ensuite |
| Room 10 | Second | Bathroom | 6.99 | 7.97 | 3 Pc Ensuite |
| Room 11 | Second | Bathroom | 7.97 | 6.99 | 3 Pc Ensuite |
| Room 12 | Second | Bathroom | 6.99 | 7.97 | 3 Pc Ensuite |
| Room 13 | Second | Bathroom | 7.97 | 6.99 | 3 Pc Ensuite |
| Room 14 | Third | Bedroom | 11.05 | 10.99 | |
| Room 15 | Third | Bedroom 2 | 11.05 | 10.99 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 2 | Main |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 3 | Upper |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 2 | Main |
| Washroom Type 7 | 3 | Second |
| Washroom Type 8 | 3 | Upper |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Multiplex |
| Style: | 2 1/2 Storey |
| Exterior: | Brick |
| Garage Type: | None |
| Drive Parking Spaces: | 10 |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 3000-3500 |
| Property Features: | Cul de Sac/D, Park |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Septic |
| Utilities-Hydro: | Y |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| Century 21 Blue Sky Region Realty Inc., Brokerage |
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|
NASSER NADA
Broker
Dir:
416-859-5645
Bus:
905-507-4776
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Parry Sound |
| Municipality: | Powassan |
| Neighbourhood: | Powassan |
| Style: | 2 1/2 Storey |
| Approximate Age: | 100+ |
| Tax: | $4,338.79 |
| Beds: | 6 |
| Baths: | 6 |
| Fireplace: | N |
| Pool: | None |
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