REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,900,000
Est. payment | /mo
18 SqFt
$ 2,900,000
Est. payment | /mo
18 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 18 sqft
Price per Sqft $161,111
Subdivision Little Britain
MLS Listing ID X9514713
Annual Tax Amount $19,948
Tax Year 2024
Property Sub-Type Investment
Property 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 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.
Location
Province ON
County Kawartha Lakes
Community Little Britain
Area Kawartha Lakes
Rooms
Kitchen 0
Interior
Cooling No
Exterior
Community Features Major Highway
Utilities Available Yes
Lot Frontage 18.0
Others
Security Features Yes
Listed by TORONTO HOMES AND BUILDINGS REALTY INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "