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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$2,750,000
Available - For Sale
Listing ID: X13491558
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. Rent roll, financial statements, expenses, and additional information available to qualified purchasers upon request.
Price $2,750,000
Taxes: $22,442.54
Occupancy by: Tenant
Address: 479 Eldon Road , Kawartha Lakes, K0M 2C0, Kawartha Lakes
Acreage: 10-24.99
Directions/Cross Streets: Eldon Rd & Little Britain Rd
Rooms: 43
Bedrooms: 12
Bedrooms +: 0
Washrooms: 15
Family Room: F
Basement: Partially Fi
No. of Pieces Level
Washroom 1 4 Main
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 4 Main
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 25
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 3500-5000
Property Features: Golf
Hospital
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Other
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Septic
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Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS REFERRED URBAN REALTY

479 Eldon Road , Kawartha Lakes, K0M 2C0, Kawartha Lakes

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Maria Tompson
Sales Representative
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416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Kawartha Lakes
Municipality: Kawartha Lakes
Neighbourhood: Little Britain
Style: 2-Storey
Lot Size: x 0.00(Feet)
Approximate Age: 51-99
Tax: $22,442.54
Maintenance Fee: $0
Beds: 12
Baths: 15
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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