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Est. payment | /mo
18 SqFt
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Est. payment | /mo
18 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 18 sqft
Subdivision Little Britain
MLS Listing ID X13492578
Annual Tax Amount $2,242
Tax Year 2026
Property Sub-Type Investment
Property Description
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
Province ON
County Kawartha Lakes
Area Kawartha Lakes
Zoning A1 & HR1
Interior
Cooling No
Inclusions 15 fridges, 15 stoves, 2 coin-operated washers, 2 coin-operated dryers, water softener, water filtration system
Exterior
Utilities Available Yes
Lot Frontage 354.66
Others
ParcelsYN No
Listed by KELLER WILLIAMS REFERRED URBAN REALTY