$875,000
Est. payment $3,874/moCalculate yours
15661 Highway 35 Highway, Algonquin Highlands, ON K0M 1J2
Stanhope, Algonquin Highlands, ON K0M 1J2
- 5 Beds
- 5 Baths
- 2 Garage
- 2,000 Sq Ft
Listing courtesy of Century 21 Granite Realty Group Inc. MLS® X13790860
About this home
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.
Property details
Overview
- Property Type
- Fourplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 2,000 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 5
- Kitchens
- 4
- Basement
- None
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None
- Exterior
- Stucco (Plaster), Brick Veneer
- Foundation
- Slab
- Roof
- Asphalt Shingle
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 280.11 x 152 Feet
- Parking
- Attached garage · 8 total
- Zoning
- HR-1
Financial
- Property Taxes
- $2,787 (2025)
Location
- Neighbourhood
- Stanhope
- Cross Street
- Hwy 35 & Hwy 118
- Direction Faces
- West
Listing
- MLS® Number
- X13790860
- Days on Market
- 32
- Listed On
- 2026-09-16
- Possession
- 30 Days
- Listed By
- Century 21 Granite Realty Group Inc.
Rooms
Features
Interior
- Water Heater Owned
- Water Purifier
- Water Treatment
- Sewage Pump
- Rough-In Bath
Property
- Level
- School Bus Route
Pool
- None
- Included
- 4 fridges, 4 stoves, washer and dryer
- Excluded
- Furnishings and Personals
- Rental items
- NONE
Mortgage calculator
Estimated mortgage payment
$3,874 per month
- Principal and interest
- $3,874
- Property tax
- $232
- Condo fees
- $0
- Estimated monthly cost
- $4,107
Your mortgage
- Mortgage amount
- $700,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $462,293
Cash to close
- Down payment
- $175,000
- Land transfer tax
- $13,975
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $188,975
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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