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479 ELDON ROAD, Kawartha Lakes, Ontario

$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. (id:23309)

Listing ID: X13492578
Property Type: Multi-family

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Details

Features: Irregular lot size
Parking Spaces: 25
Transaction: For sale
Zoning Description: A1 & HR1

Building

Appliances: Dryer, Washer, Water Treatment, Water softener
Cooling: None
Fireplace Present: False
Heating: Baseboard heaters
Size Interior: 19 ac
Type: Multi-Family

Land

Acreage: true
Sewer: Septic System
Size Frontage: 354 ft ,7 in
Size Irregular: 18.92
Size Total: 18.92 ac

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 26th, 2026. Contact Tom Linkletter to schedule a viewing or to discover other Kawartha Lakes homes for sale.

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