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1578 County 8 Road
Verulam Kawartha Lakes K0M 1N0

$1,190,000 /For Sale
Commercial

Main Photo: 1578 County  8 Road in Kawartha Lakes: Verulam Commercial for sale : MLS®# X12615528
Photo 1: 1578 County  8 Road in Kawartha Lakes: Verulam Commercial for sale : MLS®# X12615528
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Photo 44: 1578 County  8 Road in Kawartha Lakes: Verulam Commercial for sale : MLS®# X12615528
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12615528
Bus Major:
Apts - 6 To 12 Units
A rare and attractive opportunity for investors! This well-maintained multi-unit complex is tailored for 55+ living and boasts a strong 10.7 % cap rate with AAA tenants already in place. Located just steps from Eganridge Resort, this property offers the perfect blend of tranquility and convenience - only 1.5 hours from the GTA.The building features, 8 private single units, 1 two-bedroom apartment, 1 commercial unit currently used as a residential suite. Shared amenities including a spacious dining area with a cozy fireplace, a bright and welcoming lounge with a second fireplace, a fully-equipped kitchen, and a common laundry room. Sitting on a 1.3-acre lot, the property offers generous green space and ample parking. Each unit includes a private walk-out patio, adding to the comfort and independence of its residents. Tenants have two meals provided in their rent. Making this a turnkey opportunity for those looking to semi-retire in the Kawarthas. Alternatively, investors can add kitchenettes to each unit already rough in and the tenants can share the common kitchen. Endless options to expand by adding a second floor or addition to the building to increase cash flow. Whether you're looking to expand your real estate portfolio or embrace a lifestyle investment, this unique property delivers. Add this gem to your investment portfolio today!
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
58806 sq. ft. Acres
Total Area:
1.35 acre(s)
Lot Depth:
191'1½"
Lot Frontage:
327'5"
Bathrooms:
13.0
Water supply:
Well
Zoning:
C
Heating type:
Baseboard
Garage:
None
Parking Spaces:
15
Possession Details:
NEG
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$8,084 / 2025
Assessment:
$- / -
Kawartha Lakes
Kawartha Lakes
Verulam
Partial , Yes
Water Supply Types:
Drilled Well
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Gross income:
$165,523
Expenses Actual/Estimated:
Estimated
Heating Expenses:
$6,010
Hydro Expenses:
$6,340
Insurance Expenses:
$7,145
Tax Expenses:
$8,084
Operating Expenses:
$37,793
Other Expenses:
$6,366
Year Expenses:
37793
Maintenace Expenses:
$2,289
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Chattels:
Yes
LLBO:
No
Date Listed:
Dec 10, 2025
Original Price:
Previous Price:
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Listed by ROYAL HERITAGE REALTY LTD.
Data was last updated December 15, 2025 at 02:15 PM (UTC)
DARYL  KING
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1. Are apartment buildings a good investment?
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2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

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You can find listings across major cities and growing suburbs where rental demand remains strong.