479 Eldon Road, Kawartha Lakes, ON K0M 2C0, Kawartha Lakes, ON
18.92 sqft
Excellent investment opportunity featuring a fully tenanted 15-unit apartment building together with a 15.9-acre vacant land parcel in the Hamlet of Little Britain, north of Port Perry and west of Lindsay. Offered for sale as one package, this property present a rare combination of stable cash flow, value-added potential, and future development opportunities. The 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 annual net operating income. Fourteen of the fifteen units are separately metered. Six units have been renovated, providing future upside through the renovation of the remaining suites. New roof installed in 2023. Included in the offering is an approximately 15.9-acre vacant land parcel with a completed concept plan illustrating the potential for 10 residential lots. The combination of in-place income, rental growth potential, and significant land holdings creates a compelling opportunity for investors, developers, and land bankers alike. Rent roll, financial statements, and additional due diligence materials available to qualified purchasers upon request.
Property Highlights
For Sale
MLS NO.
X13492578
Type
Commercial
Sub Type
Investment
Square Footage
18.92 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X13492578
Lot Width
354.66
Lot Size
18.92
Lot Size Units
Acres
Garage Type
None
Cooling
No
Heat Type
Baseboard
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 Rd & Little Britain Rd
Country
CA
List Price
$2,750,000
Annual Taxes
$2,243
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/W KING ST AND N/S MILL ST PL 79 PT 1 & 3, 57r4942; T/W A59682; KAWARTHA LAKES
Possession Type
Flexible
Possession Details
Flexible
Listing Office
KELLER WILLIAMS REFERRED URBAN REALTY
Board
Toronto Regional Real Estate Board
Original Entry
2026-06-26T13:00:59Z
Media Updated
2026-06-26T13:00:59Z
Photos Updated
2026-06-26T13:00:59Z
Last Modified
2026-06-26T13:00:59Z
System Modified
2026-06-26T13:00:59.994767Z
MLS Status
New
Ddfyn
Yes
Expiration Date
2026-12-24
Heat Type Multi
Baseboard
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
631900141
Parking Spaces
25
Public Remarks
Excellent investment opportunity featuring a fully tenanted 15-unit apartment building together with a 15.9-acre vacant land parcel in the Hamlet of Little Britain, north of Port Perry and west of Lindsay. Offered for sale as one package, this property present a rare combination of stable cash flow, value-added potential, and future development opportunities. The 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 annual net operating income. Fourteen of the fifteen units are separately metered. Six units have been renovated, providing future upside through the renovation of the remaining suites. New roof installed in 2023. Included in the offering is an approximately 15.9-acre vacant land parcel with a completed concept plan illustrating the potential for 10 residential lots. The combination of in-place income, rental growth potential, and significant land holdings creates a compelling opportunity for investors, developers, and land bankers alike. Rent roll, financial statements, and additional due diligence materials available to qualified purchasers upon request.