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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$699,000
Available - For Sale
Listing ID: X12236549
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.
Price $699,000
Taxes: $4,338.79
Occupancy by: Tenant
Address: 9 Fair View Lane , Powassan, P0H 1Z0, Parry Sound
Directions/Cross Streets: Hwy 534
Rooms: 10
Bedrooms: 6
Bedrooms +: 0
Washrooms: 6
Family Room: T
Basement: Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Mud Room 15.32 13.64
Room 2: Main Kitchen 15.48 15.65
Room 3: Main Laundry 9.97 5.81
Room 4: Main Living Ro 20.07 11.58
Room 5: Main Dining Ro 15.74 11.74
Room 6: Second Bedroom 11.97 9.91 3 Pc Ensuite
Room 7: Second Bedroom 2 11.81 11.05 3 Pc Ensuite
Room 8: Second Bedroom 3 12.07 12.66 3 Pc Ensuite
Room 9: Second Bedroom 4 10.40 12.07 3 Pc Ensuite
Room 10: Second Bathroom 6.99 7.97 3 Pc Ensuite
Room 11: Second Bathroom 7.97 6.99 3 Pc Ensuite
Room 12: Second Bathroom 6.99 7.97 3 Pc Ensuite
Room 13: Second Bathroom 7.97 6.99 3 Pc Ensuite
Room 14: Third Bedroom 11.05 10.99
Room 15: Third Bedroom 2 11.05 10.99
No. of Pieces Level
Washroom 1 2 Main
Washroom 2 3 Second
Washroom 3 3 Upper
Washroom 4 0
Washroom 5 0
Washroom 6 2 Main
Washroom 7 3 Second
Washroom 8 3 Upper
Washroom 9 0
Washroom 10 0
Property Type: Multiplex
Style: 2 1/2 Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 10
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 3000-3500
Property Features: Cul de Sac/D
Park
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Septic
Utilities-Hydro: Y
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Century 21 Blue Sky Region Realty Inc., Brokerage

9 Fair View Lane , Powassan, P0H 1Z0, Parry Sound

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Parry Sound
Municipality: Powassan
Neighbourhood: Powassan
Style: 2 1/2 Storey
Lot Size: x 292.00(Feet)
Approximate Age: 100+
Tax: $4,338.79
Maintenance Fee: $0
Beds: 6
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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