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1578 County Road
Verulam Kawartha Lakes K0M 1N0

$1,440,000 /For Sale
Commercial

Main Photo: 1578 County Road in Kawartha Lakes: Verulam Commercial for sale : MLS®# X12476514
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12476514
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 9.3 % 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 commercial 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 are currently served lunch and dinner daily included in there rent, making this a turnkey opportunity for those looking to semi-retire in the Kawarthas with a passion for cooking. Alternatively, investors can hire staff to manage meals and rent out the owner's suite for additional income. 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
Garage:
None
Parking Spaces:
15
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
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Chattels:
Yes
Date Listed:
Oct 22, 2025
Original Price:
Previous Price:
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Listed by ROYAL HERITAGE REALTY LTD.
Data was last updated October 26, 2025 at 01:15 AM (UTC)
DARYL  KING
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FAQs – Apartment Buildings for Sale

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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Typically, any property with five or more units is classified as an apartment building for investment purposes.

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