DAN PLOWMAN TEAM REALTY INC.

$2,650,000

26/30/55 VICTORIA / GLENELG AVENUE S, Kawartha Lakes, Ontario

21 Bedrooms

21 Bathrooms

Property

MLS® Number: X12216806

Address: 26/30/55 VICTORIA / GLENELG AVENUE S

City: Kawartha Lakes

Exterior: Brick

Utilities

Heating: Forced Air, Natural Gas

Parking

Parking Spaces: 8

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. (id:52316)

Property Sale History

Travel and Neighbourhood

Walker's Paradise

Location

Sharon Stafford
Sharon Stafford

REALTOR® Salesperson

RE/MAX Escarpment

Contact Sharon Stafford