479 Eldon Road,Kawartha Lakes (Little Britain), ON K0M2C0
Kawartha Lakes (Little Britain), ON K0M2C0
Description
Excellent investment opportunity featuring a fully tenanted 15-unit apartment building together with a 15.9-acre vacant land parcel in the Hamlet of Little Britain, north of Port Perry and west of Lindsay. Offered for sale as one package, this property present a rare combination of stable cash flow, value-added potential, and future development opportunities. The 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 annual net operating income. Fourteen of the fifteen units are separately metered. Six units have been renovated, providing future upside through the renovation of the remaining suites. New roof installed in 2023. Included in the offering is an approximately 15.9-acre vacant land parcel with a completed concept plan illustrating the potential for 10 residential lots. The combination of in-place income, rental growth potential, and significant land holdings creates a compelling opportunity for investors, developers, and land bankers alike. (id:13843)
Details
| MLS # | X13492578 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 122 |
| Listing Provided By | KELLER WILLIAMS REFERRED URBAN REALTY | CAROL EVANS |
Features
| Zoning | A1 & HR1 |
|---|---|
| Acreage | 18.92 |
Interior
| Cooling | None |
|---|---|
| Heating | Baseboard heaters |
| Appliances | Washer, Water softener, Dryer, Water Treatment |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Irregular lot size |
|---|
Parking
| Parking Total | 25 |
|---|
Utilities
| Sewer | Septic System |
|---|
Taxes
| Tax Annual Amount | 2242.54 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Kawartha Lakes (Little Britain) |
| Postal Code | K0M2C0 |
| Listing VS Median (in K0M2C0) | |
Price: $2,750,000 low | high Med: $779,800 On site: 122 low | high Med: 7 | |
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | ON |
|---|---|
| City | Kawartha Lakes (Little Britain) |
| Postal Code | K0M2C0 |
| Listing VS Median (in K0M2C0) | |
Price: $2,750,000 low | high Med: $779,800 On site: 122 low | high Med: 7 | |
