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96 South Street

96 South Street

Lanark Highlands, ON

  • 3 bed
  • 3 bath
  • approx. 1500-2000 sqft
  • Duplex
$467,000

Historic Charm Meets Modern Opportunity in Lanark Village Discover a unique investment or lifestyle opportunity in the heart of Lanark Village! This recently renovated duplex beautifully blends historic character with modern updates, offering versatility for investors, owner-occupants, or entrepreneurs looking to make the most of a distinctive property. The building features two separate units: a one-bedroom, one-bathroom unit on the ground floor and a spacious two-bedroom, one-and-a-half-bathroom unit on the upper 2 floors. Each unit has its own meter and heating/ventilating/air conditioning system, providing added independence and convenience. The potential to develop a third unit offers a variety of exciting possibilities for future expansion and increased income potential subject to municipal approval. Zoning also permits business use in one unit, provided the owner occupies the other, creating an excellent opportunity for a live-work arrangement. Whether you're looking to live in one unit while renting out the other, expand your investment portfolio, establish a home-based business, or explore the potential for a third unit, this property offers plenty of options to suit your vision. Heating features include in-floor radiant heating on the main floor and forced-air propane heating in the second unit. Upgraded plumbing, electrical and septic. A rare combination of historic charm, modern comfort, and future potential, all in the welcoming community of Lanark Village. Don't miss your opportunity to make this versatile property your own!

Listing Details

Taxes (2025)
$3,622
Listed
October 19, 2026

Price History

Property

Style
2 1/2 Storey
Construction
Stone
Roof
Metal
Foundation
Stone
Interior
ERV/HRV, Sewage Pump, Water Heater Owned, Water Treatment
Lot Size
70 x 138 Feet

Parking

Garage
Other
Covered Spaces
1
Total Parking
5

Utilities

Sewer
Septic
Heat Source
Electric

Location & Legal

Cross Street
Mill St
Parcel Number
050340062
Possession
60-89 days
Occupancy
Tenant

Included

Inclusions
2 Stoves, fridge, washer, dryer
Rental Items
Propane tanks

Schools

Elementary

  • Sacred Heart of Jesus Separate School0.6 km

    Catholic · CDSB of Eastern Ontario · 70 students

    Grade 6 math: 70% met the provincial standard

  • Maple Grove Public School1.1 km

    Public · Upper Canada DSB · 160 students

    Grade 3 reading: 42% met the provincial standard · Grade 6 math: 10% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area K7H

Population
16,175
Private dwellings
8,360
Median age
55.6
Average household size
2.2
Median household income
$82,000

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

Residential Freehold in Lanark Highlands · last 12 months

Median sold price
$426,100
Homes sold
100
Median days on market
41
Sale-to-list price
94.4%

Based on 100 recorded sales of residential freehold properties in Lanark Highlands over the last 12 months.

Rooms

2-piece, 3-piece, 4-piece

Third

  • Bathroom11'4" x 9'9"
  • Bedroom13'1" x 12'8"
  • Bedroom24'10" x 12'8"

Second

  • Bathroom6'4" x 3'4"
  • Dining Room12'7" x 12'8"
  • Kitchen24'10" x 12'10"
  • Living Room12'6" x 12'8"

Ground

  • Bathroom8'5" x 8'10"
  • Bedroom14'2" x 10'11"
  • Kitchen14'8" x 13'
  • Living Room14'2" x 20'4"

Listed by

COLDWELL BANKER SETTLEMENT REALTY

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$93,400

Estimated Monthly Payment

$2,294

Land transfer tax

Estimated land transfer tax$5,815

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,294/mo (20% down, 5.5%)

Taxes: $302/mo · Insurance: $117/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions This recently renovated duplex beautifully blends historic character with modern updates, offering versatility for investors, owner-occupants, or entrepreneurs looking to make the most of a distinctive property.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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