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Pia Dhir

realtorpia@gmail.com +1(647) 535-6992

$2,750,000

Est. payment - /mo

12 Beds

15 Baths

10 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Little Britain

MLS Listing ID X13491558

Style 2-Storey

Bedrooms 12

Annual Tax Amount $22,442

Tax Year 2026

Lot Size 10.000 Acres

Property Sub-Type Multiplex

Property Description

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.

Location

Province ON

County Kawartha Lakes

Area Kawartha Lakes

Zoning A1 & HR1

Rooms

Basement Partially Finished

Kitchen 15

Interior

Interior Features None

Cooling None

Inclusions 15 Fridges, 15 Stoves, 2 Coin-Operated Washers, 2 Coin-Operated Dryers, Water Softener, Water Filtration System

Exterior

Parking Features None

Pool None

View Trees/Woods

Roof Type Membrane

Total Parking Spaces 25

Building

Building Age 51-99

Foundation Poured Concrete

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Lited by KELLER WILLIAMS REFERRED URBAN REALTY

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Pia Dhir

+1(647) 535-6992

GTA Real Estate Agent | License ID: 102203234

GTA Real Estate Agent License ID: 102203234

479 Eldon RD Kawartha Lakes, ON K0M 2C0

Pia Dhir

Key Details

Location

Rooms

Interior

Exterior

Building

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