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Listed 2 months ago

4922 Highway 7 N/A

Omemee, Kawartha Lakes

$1,449,900

Detached|2 1/2 Storey
3 | 2 | 10
About this home

Exceptional development opportunity just west of Peterborough at Fowlers Corners. Situated on an expansive 34.8 acre parcel on the South West side of Fowlers Corners you will find a recently updated and well maintained 2.5 storey brick farmhouse. At the heart of this property lies a prime 6.5 acre section zoned C2-9 highway commercial, offering incredible potential for business or development ventures. The remaining acreage offers a balanced mix of workable farmland and lush cedar bush, complete with three scenic trails ideal for walking, skiing, or four-wheeling - making the property as enjoyable as it is practical. The restored 3 bedroom, 2 bathroom farmhouse features numerous upgrades, including a steel roof, updated soffit and fascia, newer windows, a newer furnace (2024), and an updated water treatment system. Utility infrastructure is robust, with three separate hydro meters, including: a 200 amp panel in the home, a separate meter servicing the 35' x 50' barn which has its own water supply, and a dedicated 200 amp service to the utility building on the commercial acreage also serviced by a dedicated drilled well. Whether you're an investor, entrepreneur, or someone looking for a live-work property with substantial upside, this is a rare opportunity to secure versatile acreage in a high-visibility location. Don't miss your chance to explore the possibilities.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2 1/2 Storey
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$2,037
Lot Size1285 ft x 1119 ft
mls© NumberX13665730
Listed ByExit Realty Liftlock

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,421
Property tax
$170
Heat allowance
$150
Housing costs
$7,741 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $289,980
25-yr amortization

Income needed

$238,000

gross annual household income

Payment at 4%
$6,101 / mo
Cash down
$289,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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