ON > Kawartha Lakes
Kawartha Lakes, ON K0M 2M0,Address not disclosed
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Kawartha Lakes, ON K0M 2M0,Address not disclosed
Kawartha Lakes, ON K0M 2M0,Address not disclosed
Kawartha Lakes, ON K0M 2M0,Address not disclosed
Kawartha Lakes, ON K0M 2M0,Address not disclosed
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 3,300,000
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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

Province 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

Others

Security Features Yes

Listed by TORONTO HOMES AND BUILDINGS REALTY INC.
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