9 Fair View Lane, Powassan, ON Image 1

$699,000

Multiplex For Sale
MLS - #X12236549
Jun 22- By Century 21 Blue Sky Region Realty Inc., Brokerage

9 Fair View Lane, Powassan, ON P0H 1Z0

6 Bed
6 Bath
3000-3500 Sqft.
None Garage

Property Description

Property type

Multiplex

Lot size

N/A

Style

2 1/2 Storey

Approx. Area

3000-3500 Sqft

Room Information

Room TypeDimension (length x width)FeaturesLevel
Mud Room4.67 x 4.16 mN/AMain
Kitchen4.72 x 4.77 mN/AMain
Laundry3.04 x 1.77 mN/AMain
Living Room6.12 x 3.53 mN/AMain

About 9 Fair View Lane

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.

Home Overview

Last updated

Jun 22

Virtual tour

None

Basement information

Unfinished

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:Unfinished
Cooling:None
Heating:Forced Air
Parking Features:N/A
0
Similar Homes Found
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Average Price
69900000.0%
Higher than average

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Location

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Walk Score for 9 Fair View Lane

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

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