$ 3,300,000
Address not disclosed Kawartha Lakes, ON K0M 2M0
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 3,300,000
Est. payment /mo
New
Address not disclosed Kawartha Lakes, ON K0M 2M0
18 SqFt
UPDATED:
10/29/2024 04:16 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 18 sqft
Price per Sqft $183,333
MLS Listing ID X9514713
Annual Tax Amount $19,948
Tax Year 2024
Property Description
*** Fully Leased 15 Units Apartment Building* 90% of rents are almost half the market value!! Now the NOI=$100k, In 2025 as per vendor will rise to approximately $165K*, New Roof recently installed plus upgrading some common area and some units cost of approx. $150,000-$200,000 **This price includes an Extra approx. 16 Acres of Vacant Land* The seller has submitted a concept plan of 10 residential Lots! The buyer may propose for Rental/Retirement Building, as the demand is HIGH***
Location
State ON
County Kawartha Lakes
Community Major Highway
Area Little Britain
Rooms
Kitchen 0
Interior
Cooling No
Exterior
Garage Spaces 25.0
Community Features Major Highway
Utilities Available Yes
Parking Type None
Others
Security Features Yes
Listed by TORONTO HOMES AND BUILDINGS REALTY INC.