ON > Kawartha Lakes > Lindsay
Kawartha Lakes, ON K9V 2V5,65 Glenelg ST W
Kawartha Lakes, ON K9V 2V5,65 Glenelg ST W
Kawartha Lakes, ON K9V 2V5,65 Glenelg ST W
Kawartha Lakes, ON K9V 2V5,65 Glenelg ST W
Kawartha Lakes, ON K9V 2V5,65 Glenelg ST W
Kawartha Lakes, ON K9V 2V5,65 Glenelg ST W
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 1,499,000
Est. payment | /mo

8,731 SqFt

Save
$ 1,499,000
Est. payment | /mo
Save

8,731 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 8,731 sqft

Price per Sqft $171

Subdivision Lindsay

MLS Listing ID X12158767

Annual Tax Amount $22,715

Tax Year 2024

Property Sub-Type Investment

Property Description

Phenomenal 7% Cap Rate, Turnkey 10-unit apartment building presents a rare investment opportunity in a prime location, surrounded by ongoing development and poised for future growth. The property features a diverse unit mix, including 4 one-bedroom, 1 two-bedroom, 3 three-bedroom, and 2 four-bedroom units. Over $235,000 has been invested in extensive capital improvements, including a New Roof & Windows, renovations to 4 units with new plumbing, kitchens, bathrooms, flooring, appliances, and finishes, upgrades to the common areas and outdoor stairwells, installation of new high-efficiency laundry facilities, and stucco restoration and exterior refinishing. Hydro is separately metered, with some tenants paying their own and others having it included in rent. Offering solid cash flow from day one with a strong rental upside, located in a rapidly developing area with excellent long-term growth potential.

Location

Province ON

County Kawartha Lakes

Community Lindsay

Area Kawartha Lakes

Rooms

Kitchen 0

Interior

Cooling No

Exterior

Utilities Available Available

Lot Frontage 112.2

Lot Depth 137.34

Building

New Construction false

Listed by MYSAK REALTY INC.
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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65 Glenelg ST W

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