About this property

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.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X12236549
Status	Sold
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	3,000 sq ft
Lot Size	1 sq ft
Beds / Baths	6 bed · 6 bath
Neighbourhood	Powassan
City	Powassan
Postal Code	P0H 1Z0
Province	ON
Listed Date	June 20, 2025
Brokerage	Century 21 Blue Sky Region Realty Inc., Brokerage