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$499,000

Limited TimeReceive $1,248 Upon Closing

98 North Street, Lanark Highlands, ON K0G 1K0

For Sale42 days on marketMLS® X13773884
6Beds
4Baths
2500-3000Sq Ft
4Parking

About this home

Excellent opportunity to own a solid income-producing 4-plex in Lanark, generating $56,400 in gross annual rental income. The property consists of four rental units. The 1st-floor 2-bedroom apartment rents for $1,350 per month, while the 2nd-floor 1-bedroom apartment rents for $1,200 per month. There are also two 2-bedroom apartments occupying the 1st and 2nd floors, renting for $650 and $1,500 per month respectively…

Property typeResidential Freehold · Fourplex
Lot105 × 60 ft
Taxes$4,019 / 2026
BasementUnfinished, Other
Heating / coolingBaseboard
Water / sewerSeptic
PossessionTBA

Rooms

Washrooms
4-piece washroomMain
4-piece washroomMain
4-piece washroomSecond
4-piece washroomSecond
Beds & kitchens
Bedrooms total6
Above grade6
Kitchens4

Property details

Structure
Style2-Storey
FoundationBlock
RoofAsphalt Shingle
Interior
BasementUnfinished, Other
Kitchens4
Bedrooms6 above grade
Systems
HeatingBaseboard
SewerSeptic
Parking
Total parking4
Covered spaces0
Lot & land
Frontage105 ft
Depth60 ft
Cross streetNorth and George Street
ExposureNorth
Interior & exterior features
Separate Hydro MeterPropane Tank

Location

Near North and George Street.

Pin location is approximate (city average), not the exact property.

Listed by RE/MAX HALLMARK REALTY GROUP. Data last updated 2026-10-24, 2:30:05 p.m.. MLS®, REALTOR® and associated logos are trademarks of the Canadian Real Estate Association. Listing data is deemed reliable but not guaranteed accurate and is provided exclusively for consumers’ personal, non-commercial use. Measurements are approximate; buyer to verify.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.