2361 County Rd 45, Asphodel Norwood
Opportunity Awaits in Norwood! Located in the rapidly growing town of Norwood and just steps from busy Hwy 7, this exceptional mixed-use property is a rare investment opportunity. Only 20 minutes to Peterborough and Hwy 115, this building offers the perfect blend of commercial and residential income streams. The main floor features three established commercial tenants with long-term leases, ensuring stable cash flow. Upstairs, five fully tenanted residential unit search with separate hydro meters offer a variety of layouts to attract diverse renters. A profitable, on-site laundromat with several newer machines is included in the sale, adding an additional revenue stream. Ample parking is available at the rear and side of the building for tenants and customers. Pride of ownership shines throughout with numerous upgrades and meticulous maintenance over the years. This is truly a must-see property an incredible opportunity for investors looking for immediate returns and future growth potential. (id:1945)
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Property details for 2361 County Rd 45, Asphodel Norwood
- Type
- Commercial
- Lot Size
- 0.43
- Heating
- Baseboard heaters
- Cooling
- Partially air conditioned
- Annual Taxes
- $9,593
Nearby Listings Stat
Estimated price and comparable properties near 2361 County Rd 45
Active Listings
20
Min Price
$149,900
Max Price
$1,995,000
Avg Price
$577,103
Days on Market
64
days
Sold Listings
11
Min Sold Price
$450,000
Max Sold Price
$1,699,000
Avg Sold Price
$687,236
Days until Sold
99
days
Neighbourhood Census Data
Asphodel-Norwood, Ontario
Population
737
Median Age
40
Median Income
$32,128
Dwelling Value
$199,998
Housing Tenure
Owners 83%
Renters 17%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.5
Pop. Density: 53.8/km²
Avg Shelter Cost: $1,042/mo
Owners with Mortgage: 62%
Owners Spending 30%+: 30%
Tenants Spending 30%+: 44.4%
English only: 96.6%
English and French: 3.4%
Median Household Income: $62,272
Median Employment Income: $32,896
Price History
Listed
August 7, 2026
by RE/MAX HALLMARK EASTERN REALTY
Current Price
$1,995,000
Type
Commercial
For Sale
Contact Agent Get in touch about 2361 County Rd 45, Asphodel Norwood
CODY SHAW
RE/MAX HALLMARK EASTERN REALTY