479 Eldon Road, Kawartha Lakes | Image 1

479 Eldon Road

Kawartha Lakes, Little Britain

  • Commercial

$3,300,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-13 To 20 Units

  • Zoning: Hr & A1

  • Age: No Data

  • Taxes: 19948.36

  • MLS®#: X9514713

  • Days on Site: 1 Days

  • Added: Oct 28, 2024 (1 month ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: TORONTO HOMES AND BUILDINGS REALTY INC.

*** Fully Leased 15 Units Apartment Building* 90% of rents are almost half the market value!! Now the NOI=$100k, In 2025 as per vendor will rise to approximately $165K*, New Roof recently installed plus upgrading some common area and some units cost of approx. $150,000-$200,000 **This price includes an Extra approx. 16 Acres of Vacant Land* The seller has submitted a concept plan of 10 residential Lots! The buyer may propose for Rental/Retirement Building, as the demand is HIGH***

Property

  • Status: Sale

  • Type: Apts-13 To 20 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Kawartha Lakes

  • Community: Little Britain

  • Availability Date: TBD

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Other

  • Green Verification Status: N

  • Water Supply Type: Comm Well

  • Freestanding: Y

  • Water Supply: Well

Parking

  • Garage Type: None

  • Covered Parking Spaces: 25

Fees

  • Tax Year: 2024

  • Tax Legal Description: See Attached

  • Taxes: $19,948

  • Taxes Type: Annual

Land

  • Cross Street: Eldon Rd / Little Br

  • Municipality District: Kawartha Lakes

  • Sewer: Septic

  • Lot Frontage: 18 Acres

  • Zoning: Hr & A1

Commercial Specific

  • Sprinklers: Y

  • Total Area: 18

  • Total Area Metric: Acres

  • Area Influence: Major Highway

  • Lot Code: Lot

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