479 Eldon Road, Kawartha Lakes, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Little Britain. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,750,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 12 Bedrooms and 15 Bathrooms with 15 functional kitchens
- Generous living space spanning 3500-5000 sqft on a spacious lot (Feet)
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 25.0 total parking spaces available
- Notable attributes: None
- Efficient other heating via other
Description
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.
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Interior Features
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 479 Eldon Road, Kawartha Lakes, ON K0M 2C0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kawartha Lakes, ON
For a property listed at $2,750,000 in Kawartha Lakes, the legal minimum down payment is $550,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $55,225 for this transaction. As this listing is in Kawartha Lakes (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $55,225.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
