15661 Highway 35 Highway, Algonquin Highlands

$875,000
15661 Highway 35 Highway

$875,000

New
37d
Fourplex2-Storey

15661 Highway 35 Highway, Algonquin Highlands

Total Monthly Obligation $4,137

Beds
5
Baths
5
Park
6
Sqft
2000-2500
DOM
37d
Property Type-Fourplex
MLS® Number-X13790860
Beds-5
Bathrooms-5
Size-2000-2500 sqft
Lot Size-280.11 × 152 ft
Listed on site-Sep 16, 2026
Style-2-Storey
Building Type-Fourplex
Age-51-99
Taxes-$2,787 (2025)
Parking-8 - Attached
Basement-None
Heating-Baseboard (Electric)
Brokerage-Century 21 Granite Realty Group Inc.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Stucco (Plaster), Brick Veneer
Roof-Asphalt Shingle
Foundation-Slab
Sewer-Septic
Possession-30 Days
Neighbourhood-Stanhope
Title-Residential Freehold

No agent assigned

Make your real estate investment pay you. This legal home-styled 4 plex has undergone extensive renovations resulting in 4 well appointed apartments which will be easy to rent. Having sustained minimal use the apartments are ready to be occupied with no immediate maintenance required. Currently 3 of the apartments are empty allowing the new owner maximum control over new tenants. Or, the owner may choose to live in one unit and rent out the other 3. Each apartment is attractively finished including premium tiles and tumble marble in bathrooms, modern kitchens and laminate flooring throughout. The results being each apartment has its own unique decor style. The exterior is finished with salmon coloured brick base topped with stone window ledges, corner key decor and beige stucco giving the building its own upscale appearance. Your new tenants will be able to enjoy the perks of country living including a large open lot that includes gardens for flowers or vegetables. The separate utility room houses the hot water tanks, water system with commercial water filtration and UV system, and laundry facilities (not currently hooked up) New septic system installed in 2019. Then there is the self contained finished unit at the front suitable for office or storage, or possible expansion of apartment. Add to all this the 46 x 49 foot garage with new roof (winter of 2025/2026 Personal storage? Business storage? Rental storage? An additional office space in the building would be ideal for a home occupation. With the high demand for rental accommodation in Haliburton County, this could be opportunity to increase your real estate investment income. All this located within easy commuting distance to Minden or Haliburton and just a short drive to Bracebridge and Huntsville.

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Closing Costs

Mortgage Amount
$700,000
Land Transfer Taxes$13,975
Legal Fees (Est.)
$
Total cash required for closing$190,475

Total Monthly Obligation

$4,137/mo
Mortgage $3,530
Monthly Loss $3,208
Principal$929
Interest$2,601
Property Tax$232
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 15661 Highway 35 Highway

Time

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