9 Fair View Lane

Powassan, P0H 1Z0
FOR SALE
$599,000
9 Fair View Lane, Powassan
9 Fair View Lane
9 Fair View Lane
9 Fair View Lane
9 Fair View Lane
9 Fair View Lane
9 Fair View Lane
9 Fair View Lane
9 Fair View Lane
9 Fair View Lane
9 Fair View Lane
9 Fair View Lane
9 Fair View Lane
9 Fair View Lane
9 Fair View Lane
9 Fair View Lane
9 Fair View Lane
9 Fair View Lane
9 Fair View Lane
9 Fair View Lane
Investment
CATEGORY
3,300 Sq Ft
TOTAL AREA
X12236544
MLSID
Contact Us
Property 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.
Property Details
Address
9 Fair View Lane
Community
Postal Code
P0H 1Z0
Property Type
Investment, Investment
Days On Market
104
Use
Accommodation
Zoning
RU-10
Lot Size
187' x 292'
Total Area
3,300 Sq Ft
Acreage
1.3 Feet
Taxes
$4,339 (2024
Heat Type
Gas Forced Air Open
Water
Municipal
Garage Type
None
Listing contracted with Century 21 Blue Sky Region Realty Inc., Brokerage
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