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$2,750,000Asking Price

479 Eldon Road, Kawartha Lakes, ON K0M 2C0

Little Britain, Kawartha Lakes

Multiplex
12
Bedrooms
15
Baths
25
Parking
Days on Market

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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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.

Key Info

  • 2-Storey Multiplex
  • 4+ Parking
  • No Garage
  • Eldon Rd & Little Britain Rd
  • 3500-5000 Approximate Sq Feet
  • 51-99 Years Approximate Age
  • No Ensuite Laundry
  • No A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $22,442 in 2026
  • Possession: TBA

Details

  • Brick Exterior
  • No Fireplace
  • 15 Kitchens
  • Designation: Heritage
  •  
  • MLS #X13491558
  • KELLER WILLIAMS REFERRED URBAN REALTY

Extras

Room Floor Dimensions Details
Washroom15 4-Piece Bathrooms on Main Floor

Who lives here?

Little Britain, Kawartha Lakes is an east GTA neighbourhood notable for its singles, executives, business professionals, salespeople and tradespeople. Residents tend to be younger with a significant number of kids aged 10 to 14, youth aged 15 to 24 and adults aged 25 to 59.

Families

Kids Per Family

1.2

kids per family
in the neighbourhood.

Kawartha Lakes  (0.8)

Singles

40% of residents are
single and loving it.

40% singles

Kawartha Lakes (38%)

Renters

15% of residents
are renters.

15% renters

Kawartha Lakes (17%)

Education

10% of residents are
university grads.

10% university grads

Kawartha Lakes (14%)

Income

Average Household Income

$110K

is the average household
income in the neighbourhood.

Kawartha Lakes  ($98K)

Professions

Professions

Trades 19%
Sales 14%
Management 9%
Business 8%
Government 7%

Immigrants

0% of residents were
born outside of Canada.

0% immigrants

Kawartha Lakes (7%)

Birthplace - All

Guyana was once home to 0.2% of immigrants.
Romania 0.2%
Philippines 0.2%

0.2% from Guyana
All-time

Foreign Languages

Foreign Languages

Dutch 1%
German 1%
French 1%

Religions

Religions

Christian 54%