9 Fair View Lane Powassan, Ontario P0H 1Z0
$599,000
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. (id:50886)
Property Details
| MLS® Number | X12236544 |
| Property Type | Business |
| Community Name | Powassan |
Building
| Bathroom Total | 6 |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 3300 Sqft |
| Size Interior | 3,300 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 292 Ft |
| Size Frontage | 187 Ft ,3 In |
| Size Irregular | Bldg=187.29 X 292 Ft |
| Size Total Text | Bldg=187.29 X 292 Ft |
| Zoning Description | Ru-10 |
https://www.realtor.ca/real-estate/28501649/9-fair-view-lane-powassan-powassan
Contact Us
Contact us for more information
Dustin Berg
Salesperson
472 Main Street
Powassan, Ontario P0H 1Z0
(705) 724-1100
Elena Berg
Salesperson
472 Main Street
Powassan, Ontario P0H 1Z0
(705) 724-1100
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August 15 2025 08:07:21
North Bay and Area REALTORS® Association
Century 21 Blue Sky Region Realty Inc., Brokerage