479 Eldon Road Kawartha Lakes, Ontario K0M 2C0
19 Acres
None
Baseboard Heaters
Acreage
$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:15069)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X13492578 |
| Property Type | Multi-family |
| Community Name | Little Britain |
| Features | Irregular Lot Size |
| Parking Space Total | 25 |
Building
| Appliances | Dryer, Washer, Water Treatment, Water Softener |
| Cooling Type | None |
| Heating Type | Baseboard Heaters |
| Size Interior | 19 Acres |
| Type | Multi-family |
Land
| Acreage | Yes |
| Sewer | Septic System |
| Size Frontage | 354 Ft ,7 In |
| Size Irregular | 18.92 |
| Size Total | 18.92 Ac |
| Size Total Text | 18.92 Ac |
| Zoning Description | A1 & Hr1 |
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June 26 2026 02:20:12
Toronto Regional Real Estate Board
Keller Williams Referred Urban Realty