$2,900,000
FOR SALE

Investment

Lot: 18 acresTotal Area: 18 acres
2024 Taxes: $19,948.36

Kawartha Lakes, ON | Little Britain

*** 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 an 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*** The Vendor will take back a First mortgage up to 70% at a negotiable low interest rate.
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Listed By TORONTO HOMES AND BUILDINGS REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9514713
Last Updated Feb 13, 2025
Property Summary
Property Type Investment

More like this:
Use Apartments - 13 to 20 Units
Category Apartment
Occupancy Tenant
Possession Date TBD
Taxes (2024) $19,948.36
Tax Type Annual
Neighbourhood Little Britain
Area Kawartha Lakes
Price History

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Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 18 acres
Total Area 18 acres
Air Conditioning N
Basement N
Chattels Y
Garage Type None
Parking Spaces 25
Heat Type Other
Area Influences Major Highway
Sprinklers Y
Sewers Septic
Utilities Y
Water Well
Lot/Bldg/Unit Code Lot
Zoning Hr & A1
Seller Property Info Statement N

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