26/30/55 Victoria / Glenelg Avenue S, Kawartha Lakes, Ontario K9V 3C8

Listed for:

$2,600,000

21 beds

21 baths

Listed 36 days ago

Other for rent: 26/30/55 Victoria / Glenelg Avenue S, Kawartha Lakes, Ontario K9V 3C8

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Listing provided by:

DAN PLOWMAN TEAM REALTY INC.

MLS® number:

X12388562

Agent:

Dan Plowman

Phone:

(905) 668-1511

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About

Cross Streets: Glenelg St W & Victoria Ave S. ** Directions: South on Victoria Ave S from Glenelg St W. 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 7.1 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. Please See Attached For Financials! (id:27476)

Property Highlights

MLS® Number

X12388562

Type

Multi-family

Community Name

Lindsay

Land Size

1/2 - 1.99 acres

Parking Space Total

Building

Building Type

Other

Storeys

2.00

Square Footage

5000 - 100000 sqft

Bathrooms Total

Bedrooms Above Ground

Bedrooms Total

Exterior Finish

Brick

Fireplace Present

Basement Type

N/A

Basement Features

Apartment in basement

Building Heating Type

Forced air

Heating Fuel

Natural gas

Building Cooling Type

None

Utilities

Water

Municipal water

Utility Sewer

Sanitary sewer

Location

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