479 Eldon Road
Kawartha Lakes, ON
- 18 sqft
- Investment
- 74 days on market
Excellent investment opportunity featuring a fully tenanted 15-unit apartment building together with a 15.9-acre vacant land parcel in the Hamlet of Little Britain, north of Port Perry and west of Lindsay. Offered for sale as one package, this property present a rare combination of stable cash flow, value-added potential, and future development opportunities. The 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 annual net operating income. Fourteen of the fifteen units are separately metered. Six units have been renovated, providing future upside through the renovation of the remaining suites. New roof installed in 2023. Included in the offering is an approximately 15.9-acre vacant land parcel with a completed concept plan illustrating the potential for 10 residential lots. The combination of in-place income, rental growth potential, and significant land holdings creates a compelling opportunity for investors, developers, and land bankers alike.
Listing Details
- Taxes (2026)
- $2,243
- Listed
- June 24, 2026
Price History
Listing history
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Parking
- Garage
- None
Utilities
- Sewer
- Septic
Location & Legal
- Cross Street
- Eldon Rd & Little Britain Rd
- Zoning
- A1 & HR1
- Parcel Number
- 631900141
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - 13 To 20 Units
Included
- Inclusions
- 15 fridges, 15 stoves, 2 coin-operated washers, 2 coin-operated dryers, water softener, water filtration system
- Exclusions
- Shipping container belongs to property manager
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
Commercial 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 commercial properties in Kawartha Lakes over the last 12 months.
Listed by
KELLER WILLIAMS REFERRED URBAN REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Annual property tax
- $2,243
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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