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Est. payment | /mo
3 Beds
3 Baths
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Est. payment | /mo
3 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 919 - Lanark Highlands (Lanark Village)
MLS Listing ID X14096820
Style 2 1/2 Storey
Bedrooms 3
Annual Tax Amount $3,621
Tax Year 2025
Property Sub-Type Duplex
Property Description
Historic Charm Meets Modern Opportunity in Lanark Village Discover a unique investment or lifestyle opportunity in the heart of Lanark Village! This recently renovated duplex beautifully blends historic character with modern updates, offering versatility for investors, owner-occupants, or entrepreneurs looking to make the most of a distinctive property. The building features two separate units: a one-bedroom, one-bathroom unit on the ground floor and a spacious two-bedroom, one-and-a-half-bathroom unit on the upper 2 floors. Each unit has its own meter and heating/ventilating/air conditioning system, providing added independence and convenience. The potential to develop a third unit offers a variety of exciting possibilities for future expansion and increased income potential subject to municipal approval. Zoning also permits business use in one unit, provided the owner occupies the other, creating an excellent opportunity for a live-work arrangement. Whether you're looking to live in one unit while renting out the other, expand your investment portfolio, establish a home-based business, or explore the potential for a third unit, this property offers plenty of options to suit your vision. Heating features include in-floor radiant heating on the main floor and forced-air propane heating in the second unit. Upgraded plumbing, electrical and septic. A rare combination of historic charm, modern comfort, and future potential, all in the welcoming community of Lanark Village. Don't miss your opportunity to make this versatile property your own!
Location
State ON
County Lanark
Area Lanark
Rooms
Family Room No
Basement Half
Kitchen 2
Interior
Interior Features ERV/HRV, Sewage Pump, Water Heater Owned, Water Treatment
Cooling Central Air
Inclusions 2 Stoves, fridge, washer, dryer
Exterior
Garage Spaces 1.0
Pool None
Roof Type Metal
Lot Frontage 70.0
Lot Depth 138.0
Total Parking Spaces 5
Building
Foundation Stone
Others
Senior Community Yes
ParcelsYN Yes
Listed by COLDWELL BANKER SETTLEMENT REALTY
Nearby Locations