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500 Valley View Drive

500 Valley View Drive

Powassan, ON

  • 5 bed
  • 1 bath
  • 0.17 sqft
  • Investment
  • 61 days on market
$499,900

Exceptional investment opportunity or ideal owner-occupied two-unit with income potential. This solid brick property offers two self-contained units, each with private entrances, separate driveways, and individual yard space. The upper unit is vacant and features a spacious 3-bedroom layout, while the lower unit is set to be vacant by August and offers 2 bedrooms plus a den that can easily be converted back into a third bedroom. Both units have had upgrades to the bathrooms, and each includes in-suite laundry and a gas fireplace, adding comfort and convenience. Separately metered hydro and gas enhance efficiency and tenant appeal. Prime location within walking distance to downtown, the recreation center, playground, public pool, and baseball diamond.

Listing Details

Taxes (2026)
$3,225
Listed
July 7, 2026

Price History

Listing history

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Property

Lot Size
55 x 140 Feet

Parking

Garage
None

Utilities

Heat Source
Electric

Location & Legal

Cross Street
Osborne
Zoning
RV1
Parcel Number
522060104
Possession
Flexible
Occupancy
Tenant

Commercial

Business Type
Apts - 2 To 5 Units

Included

Inclusions
Fridge x2, Stove x2, Washer x2, dryer x2. Dishwasher
Exclusions
Tenants Personal Items
Rental Items
None

Community

Postal area P0H

Population
31,909
Private dwellings
17,044
Median age
50.8
Average household size
2.4
Median household income
$80,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Powassan · last 12 months

Median sold price
$467,500
Homes sold
48
Median days on market
30
Sale-to-list price
95.1%

Based on 48 recorded sales of commercial properties in Powassan over the last 12 months.

Listed by

Royal LePage Northern Life Realty, Brokerage

Walk Score

34

Walk

29

Bike

Scores by Walk Score®

Commercial figures

Annual property tax
$3,225

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Exceptional investment opportunity or ideal owner-occupied two-unit with income potential.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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