ON > Powassan > Powassan
Powassan, ON P0H 1Z0,9 Fair View LN
Powassan, ON P0H 1Z0,9 Fair View LN
Powassan, ON P0H 1Z0,9 Fair View LN
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$599,000
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6 Beds
6 Baths
0.5 Acres Lot
Pending

9 Fair View LN Powassan, ON P0H 1Z0

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

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Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Pending

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision Powassan

MLS Listing ID X12236549

Style 2 1/2 Storey

Bedrooms 6

Building Age 100+

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

Rooms

Family Room Yes

Basement Unfinished

Kitchen 1

Interior

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

Cooling None

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Fibreglass Shingle

Lot Frontage 187.29

Lot Depth 292.0

Total Parking Spaces 10

Building

Unit Features Cul de Sac/Dead End,Park,Place Of Worship,Rec./Commun.Centre,School

Foundation Stone

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

Listed by Century 21 Blue Sky Region Realty Inc., Brokerage
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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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9 Fair View LN

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