$2,600,000

Kawartha Lakes ON, K9V 2C8

MLS® # X12639236

Property Information:

A rare opportunity to acquire three buildings across three separately registered lots, spanning a combined 0.82 acres, in a highly desirable Lindsay location. This portfolio offers a total of 21 turn-key residential units generating strong, reliable income. The properties include: 26 Victoria Ave S (PIN: 632270142) - 6 units, 30 Victoria Ave S (PIN: 632270143) - 5 units, 55 Glenelg St W (PIN: 632270158) - 10 units.Although each property is individually registered, the seller prefers to sell them as a combined package, presenting an exceptional opportunity for an investor seeking dependable income today along with redevelopment upside.The flexible zoning permits a variety of high-value uses and allows for development of up to four storeys. This is a remarkable investment opportunity. See attached for financials. (id:27)

Building Features:

Style: Multiplex
Building Type: Other
Basement Type: N/A
Exterior Finish: Brick
Floor Space: 5000 - 100000 sqft
Foundation Type: Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None

Property Features:

Property Type: Multi-family
Bedrooms: 39
Bathrooms: 21
Floor Space (approx): 5000 - 100000 Square Feet
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 8

Courtesy of: RE/MAX ALL-STARS REALTY INC.

More Detail

Less Detail

⚠ Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Market Price Trends

Location of 26/30/55 VICTORIA/GLENELG AVENUE S, Kawartha Lakes, Ontario, K9V 2C8

Lifestyle
Neighbourhood

Demographic Information of 26/30/55 VICTORIA/GLENELG AVENUE S, Kawartha Lakes, Ontario, K9V 2C8

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$83,332.31

Average Number of Children

1.78

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.52 %

High school certificate or equivalent

37.97 %

Apprenticeship trade certificate/diploma

4.46 %

College/non-university certificate

25.72 %

University certificate (below bachelor)

0.49 %

University Degree

5.83 %

Commuter

Travel To Work

By Car

87.58 %

By Public Transit

0.0 %

By Walking

9.84 %

By Bicycle

0.0 %

By Other Methods

2.58 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

33.57 %

Houses

66.43 %

Own Vs. Rent