11-1,2,3; 13-1,2,3 - 11 & 13 Acacia Avenue
New Edinburgh - Lindenlea, ON
4,200 sqft • Investment • 133 days on market
Cap Rate = 5.6%. Fully renovated 6-plex apartment building on storied Acacia Ave at the entrance to Rockliffe Park. New bathrooms and kitchens w quartz countertops, new flooring, fridges, dishwashers, washer-dryers, microwaves and hot water tanks in all units in winter of 2021. New wiring and plumbing throughout. Building fully occupied with young professionals. Average lease length of 2 years, creating ample opportunity to increase rents to market value without additional capital improvements. Annual gross income of $143k. NOI of $121k. Electric heat, separate meters for each unit, tenants pay hydro. Two 1 bedroom garden-level walkout units with their own green space. Two 1 bedroom 1st floor units with private, west facing decks. Two 1 bedroom and den 2nd story units with private, east facing decks. Units rent from $1,800/ month to $2,200/month. Parking for 6 cars in adjacent lot, also for sale separately or combined. (See MLS: 13010148) Rent roll for all 6 units available. Recent survey available. Safe, popular, leafy neighbourhood with many attractive amenties within short walking distance, including Metro, LCBO, Starbucks, Bridgehead, Pet Value, vet clinics, restaurants and specialty shops. Bike and jogging paths, and winding, secluded streets of Rockliffe Park only a stones throw away. Great location and excellent investment opportunity.
Listing Details
- Taxes (2026)
- $9,311
- Listed
- April 16, 2026
Price History
Property
- Age
- 51-99
- Lot Size
- 38.1 x 43.6 Metres
Location & Legal
- Cross Street
- Beechwood and Acacia
- Zoning
- RU4D
- Parcel Number
- 042250297
- Possession
- Flexible
Commercial
- Business Type
- Apts - 6 To 12 Units
- Occupancy
- Tenant
Included
- Inclusions
- All appliances: fridges, stoves, dishwashers, microwaves, washer / dryers, microwaves, HW tanks
- Exclusions
- All tenant belongings
- Rental Items
- None
Community
Postal area K1M
- Population
- 6,764
- Private dwellings
- 3,341
- Median age
- 50
- Average household size
- 2.1
- Median household income
- $128,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in New Edinburgh - Lindenlea · last 12 months
- Median sold price
- $899,000
- Homes sold
- 63
- Median days on market
- 16
- Sale-to-list price
- 98.5%
Based on 63 recorded sales of commercial properties in New Edinburgh - Lindenlea over the last 12 months.
Listed by
DIGI BROKERAGE
Location
Commercial figures
- Building area
- 4,200 sq ft
- Price per sq ft
- $511.90
- Annual property tax
- $9,311
- Tax per sq ft
- $2.22
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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