479 Eldon Rd, Kawartha Lakes (Little Britain), ON K0M2C0
- Beds
- 12
- Baths
- 15
View property features, location on map, relevant school information and overview from seller's agent.
- 1
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Overview
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. (id:58180)
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 2
- Number of bedrooms
- 12
- Number of bathrooms
- 15
Interior features
- Basement
- Yes
Exterior features
- Horse amenities
- Stable
Utilities
- Heating
- Other, Other
- Cooling
- None
- Sewer
- Septic System
Taxes
- Tax Annual Amount
- $22,442.54
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Canadian Real Estate Association MLS®#: X13491558 Last checked: …
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