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$2,650,000
Available - For Sale
Listing ID: X12216747
Welcome To Your New Investment Opportunity! We Have Three Buildings Spread Over 3 Lots In A Great Location In Lindsay. Turn Key 21 Units Combined For Great Cash Flow, Representing A True 6 Cap Rate. Included In The Sale Is 26 Victoria Ave S (Pin:632270142) 6 Units, 30 Victoria Ave S 5 Units (Pin: 632270143) And 55 Glenelg St W 10 Units (Pin:632270158). Each Property Is Registered Separately But Prefers To Be Sold Combined. This Offers A Great Opportunity For A Diligent Investor. Hold The Properties For Some Great Cash Flow And Future Growth! The 0.823 Acres Combined Have Great Redevelopment Potential As Well. The Zoning Allows For Multiple Uses Ranging From Townhomes, Apartment Buildings To Senior Centers. The Zoning Also Allows For Up To 4 Storeys. The Possibilities Are Endless With This Investment Opportunity. This Area Has Seen Explosive Growth Over The Past 10 Years With New Multi Storey Apartment And Condo Buildings Being Built. Whether You Are A Developer Looking For Your Next Project Or An Investor Looking For Cash Flow, This Is The Property You've Been Looking For.
Price $2,650,000
Taxes: $32,000
Tax Type: Annual
Occupancy by: Tenant
Address: 26/30/5 Victoria / Glenelg Aven South , Kawartha Lakes, K9V 3C8, Kawartha Lakes
Postal Code: K9V 3C8
Province/State: Kawartha Lakes
Legal Description: PT LT 1 PL 101 AS IN R160788; KAWARTHA L
Directions/Cross Streets: Glenelg St W & Victoria Ave S
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Apartment
Use: Apts - Over 20 Units
Building Percentage: T
Total Area: 35,843
Total Area Code:  Square Feet
Financial Statement: T
Chattels: F
Franchise: F
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Open
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
DAN PLOWMAN TEAM REALTY INC.

26/30/5 Victoria / Glenelg Aven South , Kawartha Lakes, K9V 3C8, Kawartha Lakes


 
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Type: Com - Investment
Area: Kawartha Lakes
Municipality: Kawartha Lakes
Neighbourhood: Lindsay
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Tax: $32,000
Maintenance Fee: $0
Beds: 0
Baths: 0
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Fireplace: N
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