9 Fair View Lane Powassan, ON P0H 1Z0
Listing Courtesy of: PropTX / Century 21 Blue Sky Region Realty Inc. Brokerage / Dustin Berg / CENTURY 21 Blue Sky Region Realty Inc. Brokerage / Elena Berg

  9 Fair View Lane Powassan, ON P0H 1Z0

Active (19 Days)
$699,000
6
BED
6
BATH
3000-3500
SQFT

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.

MLS®:
X12236549
Taxes
$4,339(2025)
Lot Size
1.3 acres
Type
Multifamily
Style
2 1/2 Storey
County
Parry Sound District
Community
Powassan

Listed By

Dustin Berg, Century 21 Blue Sky Region Realty Inc. Brokerage
Elena Berg, CENTURY 21 Blue Sky Region Realty Inc. Brokerage
Source
PropTX
Last checked Jul 9 2025 at 4:11 PM EDT
Bathroom Details
Interior Features
  • Carpet Free
  • In-Law Capability
  • Water Heater Owned
Property Features
  • Foundation: Stone
Heating and Cooling
  • Forced Air
  • None
Basement Information
  • Unfinished
Pool Information
  • None
Exterior Features
  • Brick
  • Roof: Fibreglass Shingle
Utility Information
  • Utilities: Municipal
  • Sewer: Septic
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Stories
  • 3
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