ON > Asphodel-norwood > Norwood
Asphodel-norwood, ON K0L 2V0,4289 Highway 7 N/A
See all 47 photos
Asphodel-norwood, ON K0L 2V0,4289 Highway 7 N/A
Asphodel-norwood, ON K0L 2V0,4289 Highway 7 N/A
Asphodel-norwood, ON K0L 2V0,4289 Highway 7 N/A
Asphodel-norwood, ON K0L 2V0,4289 Highway 7 N/A
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tue
11
Nov
Wed
12
Nov
Thu
13
Nov
Raymond Hau

Raymond Hau

+1(416) 201-2001
$ 639,000
Est. payment /mo
Save
New

4289 Highway 7 N/A Asphodel-norwood, ON K0L 2V0

6 Beds

5 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Norwood

MLS Listing ID X12512288

Style 3-Storey

Bedrooms 6

Annual Tax Amount $2,427

Tax Year 2025

Property Sub-Type Detached

Property Description

Ideally situated on Highway 7, this well-maintained multi-use building offers exceptional investment potential with a blend of commercial and residential income streams. The property features two commercial units and three residential apartments, with flexible configurations to maximize returns. Commercial Unit Main Floor: Street-facing unit, previously a barber shop - perfect for retail or service use. Lower Level: Former hair salon, adaptable for a range of commercial purposes. (Both commercial units are currently vacant, offering immediate opportunities for new tenants or owner operation.) Residential Units: Main Level Apartment (3 Bedrooms): Originally two separate units (a 1-bedroom and a 2-bedroom), this large apartment features an eat-in kitchen, family room, living room, three bedrooms, two 4-piece baths. It can easily be converted back into two self-contained apartments for increased rental income. Lower-Level Apartment (1 Bedroom): Comfortable unit with den, living room, and full kitchen. Third-Floor Apartment (2 Bedrooms): Bright and spacious, offering two bedrooms and a 4-piece bathroom. Additional Features: Tenancy: One unit is owner-occupied; two are rented to long-term, reliable tenants. Heating: Efficient natural gas furnace (replaced in 2013). Exterior: Metal roof and vinyl/aluminum siding for low-maintenance durability. Basement: Clean, dry space for storage or utilities. Investment Opportunity: This is a rare chance to acquire a solid, income-generating property with room for customization. Ideal for investors or owner-occupiers seeking additional revenue in a high-visibility location on Highway 7 in Norwood.

Location

Province ON

County Peterborough

Community Norwood

Area Peterborough

Rooms

Family Room Yes

Basement Apartment, Finished with Walk-Out, Separate Entrance, Partially Finished

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Accessory Apartment, Built-In Oven, Countertop Range, Separate Heating Controls, Water Heater Owned

Cooling Central Air

Inclusions 3 refrigerators; 3 stoves; 1 window a/c unit in barber shop window (condition unknown)

Exterior

Exterior Feature Lighting, Porch, Recreational Area

Parking Features Private Double

Pool None

View Downtown, Skyline, Trees/Woods

Roof Type Metal

Lot Frontage 61.79

Lot Depth 237.23

Total Parking Spaces 5

Building

Foundation Block

Others

Senior Community No

Security Features Carbon Monoxide Detectors,Smoke Detector

ParcelsYN No

Listed by BOWES & COCKS LIMITED
Raymond Hau

Raymond Hau

Team Leader

+1(416) 201-2001

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Real Broker Ontario Ltd, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

4289 Highway 7 N/A

QUICK SEARCH