479 Eldon Road
Kawartha Lakes, ON
- 12 bed
- 15 bath
- approx. 3500-5000 sqft
- Multiplex
- 78 days on market
Excellent investment opportunity featuring a fully tenanted, 15-unit apartment building on just under 3 acres together with a 15.9-acre vacant land parcel with a concept plan for 10 residential lots located in the Hamlet of Little Britain near Lindsay, north of Port Perry. Offered for sale together, these unique properties combine strong in-place cash flow with future development potential. The 15-unit apartment building consists of 12 one-bedroom units and 3 studio units and currently generates approximately $186,000 in annual gross income and approximately $122,000 in NOI. Fourteen of the fifteen units are separately metered. Six units have been renovated, providing investors with an opportunity for future rental growth through the renovation of the remaining units. New roof installed in 2023. Included in the offering is an approximately 15.9-acre vacant land parcel with a completed concept plan for 10 residential lots, offering additional long-term potential for investors, developers, or land bankers. Rarely does a property offer the combination of stable income, value-add potential, and future development opportunities in one package.
Listing Details
- Taxes (2026)
- $22,443
- Listed
- June 25, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Age
- 51-99
- Construction
- Brick
- Roof
- Membrane
- Foundation
- Poured Concrete
- Interior
- None
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 25
Utilities
- Sewer
- Septic
- Heat Source
- Other
Location & Legal
- Cross Street
- Eldon Rd & Little Britain Rd
- Zoning
- A1 & HR1
- Parcel Number
- 631900141
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- 15 Fridges, 15 Stoves, 2 Coin-Operated Washers, 2 Coin-Operated Dryers, Water Softener, Water Filtration System
- Exclusions
- Shipping container - belongs to the property manager
Schools
Elementary
- Dr George Hall Public School1 km
Public · Trillium Lakelands DSB · 370 students
Grade 3 reading: 69% met the provincial standard · Grade 6 math: 19% met the provincial standard
- Mariposa Elementary School2.7 km
Public · Trillium Lakelands DSB · 345 students
Grade 3 reading: 95% met the provincial standard · Grade 6 math: 50% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K0M
- Population
- 53,815
- Private dwellings
- 37,422
- Median age
- 56.8
- Average household size
- 2.2
- Median household income
- $80,000
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
Residential Freehold in Kawartha Lakes · last 12 months
- Median sold price
- $615,000
- Homes sold
- 1,265
- Median days on market
- 35
- Sale-to-list price
- 95.9%
Based on 1,265 recorded sales of residential freehold properties in Kawartha Lakes over the last 12 months.
Listed by
KELLER WILLIAMS REFERRED URBAN REALTY
Walk Score
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Location
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Mortgage Calculator
$550,000
Estimated Monthly Payment
$13,510
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $13,510/mo (20% down, 5.5%)
Taxes: $1,870/mo · Insurance: $688/mo
Estimates only. Consult a financial advisor.
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