479 Eldon Road Kawartha Lakes, Ontario K0M 2C0
$2,750,000
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. (id:61852)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X13492578 |
| Property Type | Multi-family |
| Community Name | Little Britain |
| Features | Irregular Lot Size |
| ParkingSpaceTotal | 25 |
Building
| Appliances | Dryer, Washer, Water Treatment, Water Softener |
| CoolingType | None |
| HeatingType | Baseboard Heaters |
| SizeInterior | 19 Ac |
| Type | Multi-family |
Land
| Acreage | Yes |
| Sewer | Septic System |
| SizeFrontage | 354 Ft ,7 In |
| SizeIrregular | 18.92 |
| SizeTotal | 18.92 Ac |
| SizeTotalText | 18.92 Ac |
| ZoningDescription | A1 & Hr1 |
Interested?
Contact us for more information
Carol Evans
Salesperson
156 Duncan Mill Rd Unit 1
Toronto, Ontario M3B 3N2
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June 26 2026 02:20:12
Toronto Real Estate Board
Keller Williams Referred Urban Realty