479 Eldon Road, Kawartha Lakes, ON K0M 2C0, Kawartha Lakes, ON
Bed 12
Bath 15
Excellent investment opportunity featuring a fully tenanted, 15-unit apartment building on just under 3 acres together with a 15.9-acre vacant land parcel with a concept plan for 10 residential lots located in the Hamlet of Little Britain near Lindsay, north of Port Perry. Offered for sale together, these unique properties combine strong in-place cash flow with future development potential. The 15-unit apartment building consists of 12 one-bedroom units and 3 studio units and currently generates approximately $186,000 in annual gross income and approximately $122,000 in NOI. Fourteen of the fifteen units are separately metered. Six units have been renovated, providing investors with an opportunity for future rental growth through the renovation of the remaining units. New roof installed in 2023. Included in the offering is an approximately 15.9-acre vacant land parcel with a completed concept plan for 10 residential lots, offering additional long-term potential for investors, developers, or land bankers. Rarely does a property offer the combination of stable income, value-add potential, and future development opportunities in one package. Rent roll, financial statements, expenses, and additional information available to qualified purchasers upon request.
Property Highlights
For Sale
MLS NO.
X13491558
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
12
Bathrooms
15
Parking
25.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X13491558
Living Area Range
3500-5000
Total Bedrooms
12
Bedrooms Above Grade
12
Total Bathrooms
15
Total Kitchens
15
Kitchens Above Grade
15
Rooms Above Grade
43
Interior Features
None
Fireplace
No
Central Vacuum Yn
No
Security Features
Smoke Detector
Construction
Brick
Roof
Membrane
Lot Width
354.66
Lot Size
18.92
Lot Size Units
Acres
Parking Features
Private
Parking Total
25.0
Covered Spaces
0.0
Garage Type
None
Garage
No
Pool
None
Direction Facing
West
Cooling
None
Heat Source
Other
Heat Type
Other
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
479 Eldon Road, Kawartha Lakes, ON K0M 2C0
City
Kawartha Lakes
Neighbourhood
Little Britain
County / Region
Kawartha Lakes
Province / State
ON
Postal Code
K0M 2C0
Cross Street
Eldon Rd & Little Britain Rd
Directions
Eldon Road North of Little Britain Road
Country
CA
List Price
$2,750,000
Annual Taxes
$22,443
Tax Year
2026
Legal Description
LT 20 W/S KING ST AND N/S MILL ST PL 79; PT S1/2 LT 15 CON 5 MARIPOSA; PT LT 19 W/S KING ST AND N/S MILL ST PL 79 AS IN R372169; KAWARTHA LAKES and PT S1/2 LT 15 CON 5 MARIPOSA; PT LT 19 W/S KING ST AND N/S MILL ST PL 79 PT 1 & 3, 57R4942; T/W A59682; KAWARTHA LAKES
Possession Type
Flexible
Possession Details
TBA
Listing Office
KELLER WILLIAMS REFERRED URBAN REALTY
Board
Toronto Regional Real Estate Board
Original Entry
2026-06-25T22:40:23Z
Media Updated
2026-06-25T22:40:23Z
Photos Updated
2026-06-25T22:40:23Z
Last Modified
2026-06-25T22:40:23Z
System Modified
2026-06-25T22:40:23.968336Z
MLS Status
New
Architectural Style
2-Storey
Basement
Partially Finished
Ddfyn
Yes
Expiration Date
2026-12-24
Foundation Details
Poured Concrete
Heat Source Multi
Other
Heat Type Multi
Other
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
631900141
Parking Spaces
25
Property Features
Golf, Hospital, Place Of Worship
Public Remarks
Excellent investment opportunity featuring a fully tenanted, 15-unit apartment building on just under 3 acres together with a 15.9-acre vacant land parcel with a concept plan for 10 residential lots located in the Hamlet of Little Britain near Lindsay, north of Port Perry. Offered for sale together, these unique properties combine strong in-place cash flow with future development potential. The 15-unit apartment building consists of 12 one-bedroom units and 3 studio units and currently generates approximately $186,000 in annual gross income and approximately $122,000 in NOI. Fourteen of the fifteen units are separately metered. Six units have been renovated, providing investors with an opportunity for future rental growth through the renovation of the remaining units. New roof installed in 2023. Included in the offering is an approximately 15.9-acre vacant land parcel with a completed concept plan for 10 residential lots, offering additional long-term potential for investors, developers, or land bankers. Rarely does a property offer the combination of stable income, value-add potential, and future development opportunities in one package. Rent roll, financial statements, expenses, and additional information available to qualified purchasers upon request.
