The Jennifer Jones Team, LPT Realty, Brokerage
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Kawartha Lakes (Little Britain), ON

479 ELDON ROAD

$2,750,000

Listed by
KELLER WILLIAMS REFERRED URBAN REALTY
CAROL EVANS, Salesperson

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Detached at 479 ELDON ROAD, Kawartha Lakes (Little Britain), ON
479 ELDON ROAD, Kawartha Lakes (Little Britain), ON, photo 2479 ELDON ROAD, Kawartha Lakes (Little Britain), ON, photo 3

Property facts

Price
$2,750,000
Type
Detached
Bedrooms
0
Bathrooms
0
MLS®
X13492578
Status
active
Brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

About this home

Description provided by the listing brokerage

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.

Location

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