368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com
4289 Highway 7 N/A, Asphodel-Norwood, ON K0L 2V0
$639,000
  • Sale
  • Detached
  • 117 days ago
  • Updated: 2026-02-20

Overview

  • Detached
  • 5 + 1
  • 5
  • 5
  • 2000-2500
  • N/A

Description

Ideally situated on Highway 7, this well-maintained multi-use building offers exceptional investment potential with a blend of commercial and residential income streams. The property features two commercial units and three residential apartments, with flexible configurations to maximize returns. Commercial Unit Main Floor: Street-facing unit, previously a barber shop - perfect for retail or service use. Lower Level: Former hair salon, adaptable for a range of commercial purposes. (Both commercial units are currently vacant, offering immediate opportunities for new tenants or owner operation.) Residential Units: Main Level Apartment (3 Bedrooms): Originally two separate units (a 1-bedroom and a 2-bedroom), this large apartment features an eat-in kitchen, family room, living room, three bedrooms, two 4-piece baths. It can easily be converted back into two self-contained apartments for increased rental income. Lower-Level Apartment (1 Bedroom): Comfortable unit with den, living room, and full kitchen. Third-Floor Apartment (2 Bedrooms): Bright and spacious, offering two bedrooms and a 4-piece bathroom. Additional Features: Tenancy: One unit is owner-occupied; two are rented to long-term, reliable tenants. Heating: Efficient natural gas furnace (replaced in 2013). Exterior: Metal roof and vinyl/aluminum siding for low-maintenance durability. Basement: Clean, dry space for storage or utilities. Investment Opportunity: This is a rare chance to acquire a solid, income-generating property with room for customization. Ideal for investors or owner-occupiers seeking additional revenue in a high-visibility location on Highway 7 in Norwood.

Details

  • X12512288
  • 5
  • $639,000
  • Owner+Tenant
  • None
  • 2 + 2
  • 3-Storey
  • 5 + 1
  • 5
  • 2000-2500 Sqft
  • 0.162 Acres
  • N/A
  • Detached
  • Sale

Additional details

  • Forced Air / Gas
  • C1 and EC
  • $2427.31
  • 2025
  • PT LT 8 S/S PETERBOROUGH ST PL 6 NORWOOD NE OF ELM ST AS IN R157094; S/T R277947; ASPHODEL NORWOOD
  • N/A
  • N
  • 0.162
  • Apartment,Finished with Walk-Out,Separate Entrance,Partially Finished
  • Central Air
  • Lighting,Porch,Recreational Area
  • Golf,Library,Place Of Worship,Rec./Commun.Centre,School,School Bus Route
  • Municipal

Rooms

OfficeLower Level5.57 x 5.01
Utility RoomLower Level4.49 x 8.21
KitchenLower Level4.28 x 3.37
Living RoomLower Level5.05 x 4.18
Primary BedroomLower Level4.15 x 3.04
StudyLower Level2.41 x 3.05
Utility RoomLower Level2.38 x 3.05
BathroomLower Level2.37 x 1.93
KitchenMain Level4.32 x 5.01
Primary BedroomMain Level3.44 x 3.26
BathroomMain Level2.67 x 1.61
OfficeMain Level3.36 x 5.01
Living RoomMain Level4 x 4.97
BathroomMain Level2.47 x 2.13
Family RoomMain Level3.9 x 3.2
Bedroom 2Main Level3.1 x 2.91
Bedroom 3Main Level3.26 x 2.91
KitchenUpper Level5.03 x 3.42
Living RoomUpper Level3.69 x 4.97
Primary BedroomUpper Level2.82 x 3.06
Bedroom 2Upper Level3.19 x 2.69
BathroomUpper Level1.6 x 2

Schools Nearby

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FAQ

  • What is the total square footage of the X12512288 - 4289 Highway 7 N/A, Asphodel-Norwood, ON K0L 2V0?

    The total square footage of this property is 2000-2500 SqFt.

  • What schools near to X12512288 - 4289 Highway 7 N/A, Asphodel-Norwood, ON K0L 2V0?

    .

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