479 Eldon Road, Kawartha Lakes, ON K0M 2C0
Kawartha Lakes, ON, K0M 2C0 · Little Britain
About this property
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. Rent roll, financial statements, expenses, and additional information available to qualified purchasers upon request.
Features & Amenities
- Basement: Partially Finished
- Garage: None
- Cooling: None
- Heat Type: Other
- Heat Source: Other
- Style: 2-Storey
- Construction: Brick
- Sewer: Septic
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 2-Storey |
| Bedrooms | 12 |
| Bathrooms | 15 |
| Lot Size | 19 Feet |
| Basement | Partially Finished |
| Garage | None |
| Parking Spaces | 25 |
| Heat Type | Other |
| Heat Source | Other |
| Cooling | None |
| Sewer | Septic |
| Annual Tax | $22,443 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- None
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick
- Foundation Details
- Poured Concrete
- Roof
- Membrane
- Basement
- Partially Finished
- Approximate Age
- 51-99
Heating & Cooling
- Heat Type
- Other
- Heat Source
- Other
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 25
- Parking Total
- 25.00
- Parking Features
- Private
- Covered Spaces
- 0
Lot & Land
- Lot Size Area
- 18.92
- Lot Size Units
- Feet
- Lot Depth
- 0.00
- Lot Width
- 354.66
- Lot Irregularities
- Includes both lots see survey
Community & Neighborhood
- Property Features
- Golf, Hospital, Place Of Worship
Financial & Tax
- Tax Annual Amount
- $22,443
- Tax Year
- 2026
- Possession Type
- Flexible
- Possession Details
- TBA
Utilities & Services
- Sewer
- Septic
Room Details
- Rooms Above Grade
- 43
- Kitchens Above Grade
- 15
- Kitchens Total
- 15
- Bedrooms Above Grade
- 12
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- West
- County Or Parish
- Kawartha Lakes
- Cross Street
- Eldon Rd & Little Britain Rd
- Directions
- Eldon Road North of Little Britain Road
- Special Designation
- Heritage
- Showing Requirements
- Go Direct, Showing System
Location
479 Eldon Road, Kawartha Lakes, ON K0M 2C0, Kawartha Lakes, ON, K0M 2C0