For Sale

2361 County Road 45 N/A, Asphodel-Norwood, Ontario K0L 2V0

$2,249,000

2361 County Road 45 N/A, Asphodel-Norwood, Ontario K0L 2V0 is For Sale and has a listing price of 2,249,000. The property is located in the Asphodel-Norwood . It's been on the website for 31 Days.

  • MLS ID: X12110485
  • Office Name RE/MAX HALLMARK EASTERN REALTY
Property Description

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.

Property Details
  • MLS ID: X12110485
  • Price: $2,249,000
  • Lot Depth: 198
  • Transaction Types: For Sale
  • Ref ID: X12110485
  • Year Built: N/A
  • Dir / Cross St: County Rd 45, just south of Hwy 7. At the 4 way light in Norwood
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 51-99
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
04/29/2025 X12110485 $2,249,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Asphodel-Norwood
  • $822,505 Average List Price
    based on 1 year
  • 1 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 113.98 % Up
  • Sold (12mo) 34
  • Rented (12mo) 3

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • - Walk Score
    Car-Dependent
  • 23 Bike Score
    Somewhat Bikeable
Additional Details
  • Heat Type Baseboard
  • Garage Type Lane
  • Taxes: $8,856
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 29/04/2025 16:48:03
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