479 Eldon Road, Kawartha Lakes, On K0m 2m0
479 Eldon Road, Kawartha Lakes, On K0m 2m0
For Sale
$3,300,000
479 Eldon Road, Kawartha Lakes, On K0m 2m0
Description
*** Fully Leased 15 Units Apartment Building* 90% of rents are almost half the market value!! Now the NOI=$100k, In 2025 as per vendor will rise to approximately $165K*, New Roof recently installed plus upgrading some common area and some units cost of approx. $150,000-$200,000 **This price includes and Extra approx. 16 Acres of Vacant Land* The seller has submitted a concept plan of 10 residential Lots! The buyer may propose for Rental/Retirement Building, as the demand is HIGH***
Basic Details
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Mls Status: New
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Modification Timestamp: 2024-10-29T00:43:06Z
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Originating System Name: TRREB
Basic Details
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Property Type: Commercial Sale
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Property Sub Type: Investment
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Listing ID: X9514713
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Listing Type: For Sale
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Price: $3,300,000
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Office Name: TORONTO HOMES AND BUILDINGS REALTY INC.
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Listing Status: Active
Address Map
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Province ON
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City Kawartha Lakes
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Postal K0M 2M0
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Street: Eldon
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Street Number: 479
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Street Suffix: Road
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Zoning: Hr & A1
Features
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Cooling System : No
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Utilities : Yes
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Sewer : Septic
