About this home
Property Details: - Type: Investment - Bedrooms: 0 - Bathrooms: 0 - MLS#: X13492578 Listed By: KELLER WILLIAMS REFERRED URBAN REALTY
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. Rent roll, financial statements, and additional due diligence materials available to qualified purchasers upon request. This investment home located at 479 Eldon Road, Kawartha Lakes is currently for sale and has been available on Zolo.ca for 0 day. This property is listed at $2,750,000 with an estimated mortgage of $10,122* per month. It has beds, bathrooms, and is 19 square feet. 479 Eldon Road, Kawartha Lakes is in the Little Britain neighborhood Kawartha Lakes. Rural Mariposa, Bobcaygeon and Rural Ops are nearby neighborhoods.
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