ON > Peterborough > Norwood
Peterborough, ON K0L 2V0,4289 Highway 7 N/A
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Peterborough, ON K0L 2V0,4289 Highway 7 N/A
Peterborough, ON K0L 2V0,4289 Highway 7 N/A
Peterborough, ON K0L 2V0,4289 Highway 7 N/A
Peterborough, ON K0L 2V0,4289 Highway 7 N/A
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Kirby Chan, Broker

Kirby Chan, Broker

+1(416) 305-8008
$ 639,000
Est. payment /mo
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4289 Highway 7 N/A Peterborough, ON K0L 2V0

6 Beds

5 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Norwood

MLS Listing ID X12512288

Style 3-Storey

Bedrooms 6

Annual Tax Amount $2,427

Tax Year 2025

Property Sub-Type Detached

Property 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.

Location

Province ON

County Peterborough

Community Norwood

Area Peterborough

Rooms

Family Room Yes

Basement Apartment, Finished with Walk-Out, Separate Entrance, Partially Finished

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Accessory Apartment, Built-In Oven, Countertop Range, Separate Heating Controls, Water Heater Owned

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Lighting, Porch, Recreational Area

Parking Features Private Double

Pool None

Waterfront Description None

View Downtown, Skyline, Trees/Woods

Roof Type Metal

Topography Level,Terraced

Lot Frontage 61.79

Lot Depth 237.23

Total Parking Spaces 5

Building

Unit Features Golf,Library,Place Of Worship,Rec./Commun.Centre,School,School Bus Route

Foundation Block

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

ParcelsYN No

Listed by BOWES & COCKS LIMITED
Kirby Chan, Broker

Kirby Chan, Broker

Co-Founder & Broker | License ID: 9533841

+1(416) 305-8008

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4289 Highway 7 N/A

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