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$467,000
Est. payment /mo
3 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500 - 2000
Subdivision 919 - Lanark Highlands (Lanark Village)
MLS® Listing ID X14096820
Bedrooms 3
Half Baths 1
Property Description
Historic Charm Meets Modern Opportunity in Lanark Village Discover a unique investment or lifestyle opportunity in the heart of Lanark Village! This recently renovated duplex beautifully blends historic character with modern updates, offering versatility for investors, owner-occupants, or entrepreneurs looking to make the most of a distinctive property. The building features two separate units: a one-bedroom, one-bathroom unit on the ground floor and a spacious two-bedroom, one-and-a-half-bathroom unit on the upper 2 floors. Each unit has its own meter and heating/ventilating/air conditioning system, providing added independence and convenience. The potential to develop a third unit offers a variety of exciting possibilities for future expansion and increased income potential subject to municipal approval. Zoning also permits business use in one unit, provided the owner occupies the other, creating an excellent opportunity for a live-work arrangement. Whether you're looking to live in one unit while renting out the other, expand your investment portfolio, establish a home-based business, or explore the potential for a third unit, this property offers plenty of options to suit your vision. Heating features include in-floor radiant heating on the main floor and forced-air propane heating in the second unit. Upgraded plumbing, electrical and septic. A rare combination of historic charm, modern comfort, and future potential, all in the welcoming community of Lanark Village. Don't miss your opportunity to make this versatile property your own! (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Second level 7.558 m X 3.92 m Kitchen
Extra Room 2 Second level 3.831 m X 3.847 m Dining room
Extra Room 3 Second level 3.811 m X 3.864 m Living room
Extra Room 4 Second level 1.923 m X 1.009 m Bathroom
Extra Room 5 Third level 3.461 m X 2.969 m Bathroom
Extra Room 6 Third level 7.579 m X 3.868 m Bedroom
Interior
Heating Forced air, ,
Cooling Central air conditioning
Exterior
Parking Features Yes
View Y/N No
Attached Garage No
Total Parking Spaces 5
Garage Yes
Private Pool No
Building
Story 2.5
Sewer Septic System
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Listed by COLDWELL BANKER SETTLEMENT REALTY
Nearby Locations
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