Re/max Premier Inc., Brokerage
9100 Jane St
Concord, ON
L4K 0A4
Carnarvon, Stanhope, K0M 1J2
$899,900
Listed by Century 21 Granite Realty Group Inc., Brokerage, Minden.
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 attracively 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 high capacity septic system installed in 2019. Then there is the self contained finished unit at the front suitable for office or storage. Add to all this the a 46 x 49 foot garage that has't even been factored into the overall asking price. The garage will need a new roof before being put back into service but think of the additional uses. Personal storage? Business storage? Rental storage? An addtional 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 opportuity 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.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
Algonquin Highlands, Stanhope, K0M 1J1