479 ELDON ROAD, Kawartha Lakes, Ontario
$2,750,000
- 12 Beds
- 15 Baths
Excellent investment opportunity featuring a fully tenanted, 15-unit apartment building on just under 3 acres together with a 15.9-acre vacant land parcel with a concept plan for 10 residential lots located in the Hamlet of Little Britain near Lindsay, north of Port Perry. Offered for sale together, these unique properties combine strong in-place cash flow with future development potential. The 15-unit 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 NOI. Fourteen of the fifteen units are separately metered. Six units have been renovated, providing investors with an opportunity for future rental growth through the renovation of the remaining units. New roof installed in 2023. Included in the offering is an approximately 15.9-acre vacant land parcel with a completed concept plan for 10 residential lots, offering additional long-term potential for investors, developers, or land bankers. Rarely does a property offer the combination of stable income, value-add potential, and future development opportunities in one package. (id:23309)
- Listing ID: X13491558
- Property Type: Multi-family
Schedule a Tour
Schedule Private Tour
Tom Linkletter would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Tom Linkletter, who specializes in Kawartha Lakes real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Tom Linkletter find a property to match your lifestyle.
Listing provided by KELLER WILLIAMS REFERRED URBAN REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 479 ELDON ROAD in Kawartha Lakes Ontario. It was last modified on June 25th, 2026. Contact Tom Linkletter to schedule a viewing or to discover other Kawartha Lakes homes for sale.