$ 2,750,000
-
$2,750,000
Price -
12
Bed -
15
Bath -
3,500
SqFt
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About the Listing 205200 -
Excellent investment opportunity featuring a fully tenanted, 15-unit apartment building on just under 3 acres together with a 15.9-acre vacant land parcel with a concept plan for 10 residential lots located in the Hamlet of Little Britain near Lindsay, north of Port Perry. Offered for sale together, these unique properties combine strong in-place cash flow with future development potential. The 15-unit apartment building consists of 12 one-bedroom units and 3 studio units and currently generates approximately $186,000 in annual gross income and approximately $122,000 in NOI. Fourteen of the fifteen units are separately metered. Six units have been renovated, providing investors with an opportunity for future rental growth through the renovation of the remaining units. New roof installed in 2023. Included in the offering is an approximately 15.9-acre vacant land parcel with a completed concept plan for 10 residential lots, offering additional long-term potential for investors, developers, or land bankers. Rarely does a property offer the combination of stable income, value-add potential, and future development opportunities in one package.
Listing Highlights
Status
Active
Days on Site
20
Property Type
Multi-Family
MLS ®
X13491558
Year Built
Total Square Footage
3,500
Lot/Acreage
18.92
Interior Details
- Bedrooms: 12
- Bathrooms: 15 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Partially Finished
- Other: 15 Kitchens
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof: Membrane
- Others: Golf,Hospital,Place Of Worship
- Sewer: Septic
- Parking Features: Private,No Garage
Financial Details
- Tax Amount: $22,443
- Taxes w/Assessments: N/A
- Tax/Property ID: 631900141
- Tax Year: 2026
Payment Calculator
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Questions About..
479 Eldon Rd Kawartha Lakes, ON K0M 2C0
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