4289 Highway 7 N/A Asphodel-Norwood, ON K0L 2V0
Listing Courtesy of: PropTX - IDX / Bowes & Cocks Limited

  4289 Highway 7 N/A Asphodel-Norwood, ON K0L 2V0

Active
$639,000 (CAD)
6
BED
5
BATH
2000-2500
SQFT

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.

MLS®:
X12512288
Taxes
$2,427(2025)
Lot Size
7,057 SQFT
Type
Single-Family Home
Style
3-Storey
Views
Trees/Woods, Downtown, Skyline
County
Peterborough County
Community
Norwood

Listed By

Bowes & Cocks Limited
Source
PropTX - IDX
Last checked Nov 7 2025 at 12:49 AM EST
Bathroom Details
Interior Features
  • Built-In Oven
  • Water Heater Owned
  • Countertop Range
  • Accessory Apartment
  • Separate Heating Controls
Property Features
  • Foundation: Block
Heating and Cooling
  • Forced Air
  • Central Air
Basement Information
  • Apartment
  • Separate Entrance
  • Partially Finished
  • Finished With Walk-Out
Pool Information
  • None
Exterior Features
  • Vinyl Siding
  • Aluminum Siding
  • Roof: Metal
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Parking
  • Private Double
Stories
  • 3
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Disclaimer: Copyright 2025 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/6/25 16:49