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46
$2,750,000 Sale
Listed 109 days ago
479 Eldon Road
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Listing History
Buy/Sell/Terminated/Expired listing history for 479 Eldon Road
Key Facts
Key facts for 479 Eldon Road
Property Type
Commercial
Parking
None
MLS #
X13492578
Size
-
Basement
-
Listed on
2026-06-24
Lot size
355 x 0.0
Tax
$2,242.54 /yr
Days on Market
111
Approximate Age
-
Maintenance Fee
-
Description
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.
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Courtesy of: KELLER WILLIAMS REFERRED URBAN REALTY