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 | X12236549 |
| Property Type | Multi-family |
| Community Name | Powassan |
| Amenities Near By | Park, Place Of Worship, Schools |
| Community Features | Community Centre |
| Features | Cul-de-sac, Carpet Free |
| Parking Space Total | 10 |
Building
| Bathroom Total | 6 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Age | 100+ Years |
| Appliances | Water Heater |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Foundation Type | Stone |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 3,000 - 3,500 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Schools |
| Sewer | Septic System |
| Size Depth | 292 Ft |
| Size Frontage | 187 Ft ,3 In |
| Size Irregular | 187.3 X 292 Ft |
| Size Total Text | 187.3 X 292 Ft |
| Zoning Description | Ru-10 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bathroom | 2.43 m | 2.13 m | 2.43 m x 2.13 m |
| Second Level | Bathroom | 2.13 m | 2.43 m | 2.13 m x 2.43 m |
| Second Level | Bathroom | 2.43 m | 2.13 m | 2.43 m x 2.13 m |
| Second Level | Bedroom | 3.65 m | 3.02 m | 3.65 m x 3.02 m |
| Second Level | Bedroom 2 | 3.6 m | 3.37 m | 3.6 m x 3.37 m |
| Second Level | Bedroom 3 | 3.68 m | 3.86 m | 3.68 m x 3.86 m |
| Second Level | Bedroom 4 | 3.17 m | 3.68 m | 3.17 m x 3.68 m |
| Second Level | Bathroom | 2.13 m | 2.43 m | 2.13 m x 2.43 m |
| Third Level | Bedroom | 3.37 m | 3.35 m | 3.37 m x 3.35 m |
| Third Level | Bedroom 2 | 3.37 m | 3.35 m | 3.37 m x 3.35 m |
| Third Level | Sitting Room | 3.32 m | 2.18 m | 3.32 m x 2.18 m |
| Third Level | Bathroom | 3.37 m | 3.04 m | 3.37 m x 3.04 m |
| Main Level | Mud Room | 4.67 m | 4.16 m | 4.67 m x 4.16 m |
| Main Level | Kitchen | 4.72 m | 4.77 m | 4.72 m x 4.77 m |
| Main Level | Bathroom | 1.21 m | 1.52 m | 1.21 m x 1.52 m |
| Main Level | Laundry Room | 3.04 m | 1.77 m | 3.04 m x 1.77 m |
| Main Level | Living Room | 6.12 m | 3.53 m | 6.12 m x 3.53 m |
| Main Level | Dining Room | 4.8 m | 3.58 m | 4.8 m x 3.58 m |
Utilities
| Electricity | Installed |
https://www.realtor.ca/real-estate/28501650/9-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
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
August 15 2025 08:07:22
North Bay and Area REALTORS® Association
Century 21 Blue Sky Region Realty Inc., Brokerage