46 photos
479 Eldon Road, Kawartha Lakes, ON K0M 2C0
Little Britain · Kawartha Lakes · K0M 2C0
$2,750,000
About this property
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.
Details
- Property type
- Investment · Commercial
- Lot
- Includes both lots see survey
- Heating
- Baseboard
- Cooling
- No
- Sewer / septic
- Septic
- Garage
- None
- Taxes
- $2,243 (2026)
Location
Approximate location, placed by postal code. Postal code data © GeoNames (CC BY 4.0).
Payments on this home
Estimated monthly payment
$12,176
Principal and interest only, using Canadian semi-annual compounding. Taxes, insurance, and CMHC premiums (required under 20% down) are extra. For planning, not a lending commitment.
Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. Listing data provided by the originating real estate board via PropTx Amplify Syndication.
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Information is deemed reliable but not guaranteed accurate. Room measurements are deemed reliable but not guaranteed.