2289 LOOP Road, Highlands East | Image 1

2289 LOOP Road

Highlands East

  • Commercial

$524,888
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: GC1

  • Age: 31-50 years

  • Taxes: 2476.88

  • MLS®#: X10439933

  • Days on Site: 15 Days

  • Added: Nov 18, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RE/MAX Professionals North, Brokerage, Haliburton (83 Maple Ave)

What an incredible opportunity to own a legal fourplex in an amazing cottage country village by the lake! This property is perfect for investors or those looking to live in a vibrant community while generating rental income. The fourplex features Unit 1 on the main floor, offering 1 bedroom and 1 bathroom. Unit 2, also on the main floor, includes 1 bedroom, 1 bathroom, and a huge walk-in closet providing ample storage space. Unit 3, located on the second floor, boasts a comfortable layout with 2 bedrooms and 1 bathroom. Unit 4, recently renovated, features 2 bedrooms, 1 bathroom, and a walkout to the upper deck overlooking the expansive backyard. The newly renovated unit is turnkey and ready to move in, complete with new appliances, a brand new chef's kitchen, and an outdoor deck/balcony that offers gorgeous views of the 68'x 200' large lot. With low taxes at approximately $2500 per year and a premium location with easy walking access to all local amenities, including shops, restaurants, and the lake, this property is a rare find. The expansive fenced backyard is perfect for outdoor activities and gatherings, and each unit has its own dedicated parking space. Additionally, the unfinished basement, accessible from Unit 1, offers endless possibilities for additional living space. Currently, units 1-3 are rented, providing immediate rental income. Whether you choose to live in the newly renovated unit and enjoy the large backyard and beautiful views or add this property to your investment portfolio, this fourplex offers a fantastic opportunity to invest in your future. Don't miss out on this gem in a prime location.

Property

  • Status: Sale

  • Property Type: Investment

  • Age: 31-50

  • Area: Highlands East

  • Availability Date: Immediate

  • Assessment Amount: $266,000

  • Assessment Year: 2024

Inside

  • Bathrooms: 4

  • Air Conditioning: None

  • Washrooms: 4

Building

  • Basement: Y

  • Heat Type: Baseboard

  • UFFI: No

  • Water Supply: Well

Parking

  • Covered Parking Spaces: 5

Fees

  • Tax Year: 2023

  • Tax Legal Description: Pt Lt 33-34 Con 16 Monmouth as in H272172, Municipality of Highl

  • Taxes: $2,477

Land

  • Cross Street: HWY 118-E to Essonvi

  • Municipality District: Highlands East

  • Parcel Number: 392760314

  • Sewer: Septic

  • Lot Depth: 202 Acres

  • Lot Frontage: 68 Acres

  • Zoning: GC1

Commercial Specific

  • Total Area: 3400

  • Total Area Metric: Sq Ft

  • Area Influence: Rec Centre

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Map of 2289 LOOP Road, Highlands East
JK-3

Cardiff Elementary School

Elementary: Public
17.68 km
4-8

Wilberforce Elementary School

Elementary: Public
0.25 km
JK-6

Maynooth Public School

Elementary: Public
31.28 km
JK-8

Apsley Central Public School

Elementary: Public
32.76 km
JK-3

Stuart W Baker Elementary School

Elementary: Public
24.05 km
1-8

J Douglas Hodgson Elementary School

Elementary: Public
23.90 km
9-12

Norwood District High School

Secondary: Public
75.50 km
9-12

Madawaska Valley District High School

Secondary: Public
65.43 km
9-12

Haliburton Highland Secondary School

Secondary: Public
23.59 km
9-12

North Hastings High School

Secondary: Public
28.46 km
9-12

Adam Scott Collegiate and Vocational Institute

Secondary: Public
79.37 km
9-12

Thomas A Stewart Secondary School

Secondary: Public
78.91 km