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Investment signal

$299,000

7491 HIGHWAY 35

Beds

Baths

Sqft

Year

Location

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About this home

Priced to sell! Rare live/work investment opportunity in the heart of Norland. This landmark commercial property is prominently positioned at the high-visibility intersection of Monck Road and Highway 35, directly across from the Gull River and within walking distance to Shadow Lake, offering exceptional exposure to steady year-round traffic. Norland is known for its scenic waterfront setting on the Gull River at the north end of Shadow Lake and its role as a vibrant cottage-country destination within Kawartha Lakes. Well suited for a variety of commercial uses, the property also features the added benefit of a bachelor apartment, making it an ideal opportunity for owner-operators, investors, or those seeking a flexible live/work setup. The location offers convenient access to local amenities including the Norland Branch Library, community recreation facilities, and nearby public boat launches on both Gull River and Shadow Lake, further enhancing its appeal for residents, visitors, and businesses alike. Positioned as a gateway to cottage country, this property benefits from strong regional connectivity, with Lindsay, Bracebridge, Haliburton, and Bancroft all approximately an hour away or less. Surrounded by lakes, trails, and four-season recreational attractions, and supported by an active local business community, this is a standout opportunity to establish or expand your presence in a charming and well-travelled Kawartha Lakes destination. Free street parking is available, with ample public parking conveniently located across the street! (id:65958)

Subtype
Retail
Community
Laxton/Digby/Longford
Living area
1,100 square feet
Lot dimensions
57.2 x 84.12 FT ; 49.49' X 101.17' X 84.12' X 57.20'
On market
Mar 12, 2026
Status changed
Apr 17, 2026
Annual tax
$2,167.66
Zoning
C1
Photos
18
MLS#
X12875020
Area
KAWARTHA_LAKES_(LAXTON/DIGBY/LONGFORD)

Features and systems

Cooling

None
Positive cash flow ~$222/mo at these assumptions

Cash on cash

4.45%

Cap rate

6.78%

GRM

10.4

Break-even rent

$2,167

Financing

Down payment$59,800
Loan amount$239,200
Mortgage$1,467/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$137
Insurance$80
Maintenance$249
CapEx reserve$125
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Kawartha Lakes (Laxton/Digby/Longford). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $1,467/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.

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