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$ 2,650,000
Est. payment | /mo
21 Beds
21 Baths
0.5 Acres Lot
$ 2,650,000
Est. payment | /mo
21 Beds
21 Baths
0.5 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision Lindsay
MLS Listing ID X12216806
Style 2-Storey
Bedrooms 21
Annual Tax Amount $32,000
Tax Year 2025
Lot Size 0.500 Acres
Property Sub-Type Multiplex
Appx SqFt 5000 +
Property Description
Welcome To Your New Investment Opportunity! We Have Three Buildings Spread Over 3 Lots In A Great Location In Lindsay. Turn Key 21 Units Combined For Great Cash Flow, Representing A True 6 Cap Rate. Included In The Sale Is 26 Victoria Ave S (Pin:632270142) 6 Units, 30 Victoria Ave S 5 Units (Pin: 632270143) And 55 Glenelg St W 10 Units (Pin:632270158). Each Property Is Registered Separately But Prefers To Be Sold Combined. This Offers A Great Opportunity For A Diligent Investor. Hold The Properties For Some Great Cash Flow And Future Growth! The 0.823 Acres Combined Have Great Redevelopment Potential As Well. The Zoning Allows For Multiple Uses Ranging From Townhomes, Apartment Buildings To Senior Centers. The Zoning Also Allows For Up To 4 Storeys. The Possibilities Are Endless With This Investment Opportunity. This Area Has Seen Explosive Growth Over The Past 10 Years With New Multi Storey Apartment And Condo Buildings Being Built. Whether You Are A Developer Looking For Your Next Project Or An Investor Looking For Cash Flow, This Is The Property You've Been Looking For.
Location
Province ON
County Kawartha Lakes
Community Lindsay
Area Kawartha Lakes
Rooms
Family Room Yes
Basement Apartment
Kitchen 21
Interior
Interior Features Accessory Apartment
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 8
Building
Foundation Concrete
Listed by DAN PLOWMAN TEAM REALTY INC.
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