26/30/55 Victoria / Glenelg Avenue S, Kawartha Lakes, ON K9V 3C8 – Kawartha Lakes – $2,650,000

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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.

Property Details

• Bedrooms: 21
• Property Type: Residential Freehold
• List Price: $2,650,000
• Parking Spaces: 8
• Lot Size (sq ft): 0.823
• Tax Year: 2025
• Annual Taxes: $32,000