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Home ON Kawartha Lakes Lindsay
26/30/55 VICTORIA / GLENELG AVENUE S
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26/30/55 VICTORIA / GLENELG AVENUE S $2,650,000
$2,650,000
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26/30/55 VICTORIA / GLENELG AVENUE S
Kawartha Lakes (Lindsay), Ontario K9V3C8

MLS® Number: X12216747

Listing Description

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. (40677625)

Location Description

Glenelg St W & Victoria Ave S

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Lindsay
Land Size
0.823 ac
Annual Property Taxes
$32,000
Time on REALTOR.ca
14 days

Building

Building Features
Features
Irregular lot size
Heating & Cooling
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)

Measurements

Square Footage
35843 sqft

Land

Other Property Information
Zoning Description
RM2-3
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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