Powassan, ON P0H 1Z0,9 Fair View LN
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Powassan, ON P0H 1Z0,9 Fair View LN
Powassan, ON P0H 1Z0,9 Fair View LN
Powassan, ON P0H 1Z0,9 Fair View LN
Powassan, ON P0H 1Z0,9 Fair View LN

$515,000

Est. payment /mo

$599,000

14.0%
Est.Price: ?

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9 Fair View LN Powassan, ON P0H 1Z0

6 Beds

6 Baths

0.5 Acres Lot

SOLD DATE : 10/03/2025

Key Details

Sold Price $515,000

Property Type Multi-Family

Sub Type Multiplex

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision Powassan

MLS Listing ID X12236549

Sold Date 10/03/25

Style 2 1/2 Storey

Bedrooms 6

Annual Tax Amount $4,338

Tax Year 2025

Lot Size 0.500 Acres

Property Sub-Type Multiplex

Property Description

Investment Opportunity in the Heart of Powassan! Welcome to 9 Fairview Lane-an updated, income-producing gem with historic charm and modern potential. This stately 6-bedroom, 6-bathroom home is currently tenanted and generating a solid 6% cap rate. Each spacious bedroom features its own ensuite bath, making it an ideal setup for continued rental income or a seamless transition into a licensed Bed & Breakfast, thanks to RU-10 zoning. Over the past 5 years, major upgrades have been completed: new natural gas furnace, full electrical rewire, all new plumbing, windows, and septic system. The roof was replaced just 2 years ago, leaving peace of mind for years to come. With over 3,200 sq. ft. above grade and a third-floor finished loft space, there's room to grow or reimagine the layout. Situated on a generous 1.2-acre lot, this is a rare chance to own a turnkey asset with character, cash flow, and flexibility.

Location

Province ON

County Parry Sound

Community Powassan

Area Parry Sound

Zoning RU-10

Rooms

Family Room Yes

Basement Unfinished

Kitchen 1

Interior

Interior Features Carpet Free, In-Law Capability, Water Heater Owned

Cooling None

Exterior

Pool None

Roof Type Fibreglass Shingle

Lot Frontage 187.29

Lot Depth 292.0

Total Parking Spaces 10

Building

Building Age 100+

Foundation Stone

Others

Senior Community No

Security Features Carbon Monoxide Detectors,Smoke Detector

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Listed by Century 21 Blue Sky Region Realty Inc., Brokerage
Susan Murray
Susan Murray

Broker

+1(647) 376-7788 | susan@foresthillcollingwood.com

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