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Key Facts
Key facts for 9 Fair View Lane
Property Type
Apartment, 2 1/2 Storey
Parking
None 0 garage, 10 parking
MLS #
X12236549
Size
3000-3500 sqft
Basement
Unfinished
Listed on
2025-06-20
Lot size
187 x 292.0
Tax
$4,338.79 /yr
Days on Market
59
Approximate Age
100+
Maintenance Fee
-
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.
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