Gurvinder Nokwal REALTOR®
For Sale Fourplex 32 days on market

$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
Map

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

Room Level Dimensions
Kitchen Second 10′ 0″ × 12′ 0″
Primary Bedroom Second 11′ 5″ × 12′ 6″
Bedroom 2 Second 11′ 4″ × 11′ 7″
Living Room Second 17′ 0″ × 12′ 2″
Primary Bedroom Ground 12′ 0″ × 9′ 6″
Kitchen Second 12′ 0″ × 7′ 4″
Living Room Ground 12′ 0″ × 9′ 0″
Utility Room Ground 13′ 0″ × 6′ 9″
Primary Bedroom Second 17′ 0″ × 12′ 2″
Living Room Second 12′ 0″ × 12′ 6″
Kitchen Ground 12′ 0″ × 10′ 0″

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

Minimum for this price: $62,500 (7.14%)

Amortization, years

Estimated mortgage payment

$3,874 per month

Principal and interest
$3,874
Property tax
$232
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
Total, before legal fees
$188,975
Talk to me about financing

Estimates 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

15661 Highway 35 Highway, Algonquin Highlands, ON K0M 1J2 Stanhope, Algonquin Highlands, ON K0M 1J2
Open in Google Maps

Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$875,000 15661 Highway 35 Highway, Algonquin Highlands, ON K0M 1J2
Request a showing