Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

26/30/55 Victoria / Glenelg Avenue, Kawartha Lakes, ON K9V 3C8 (Glenelg St W & Victoria Ave S)
$ 2650000 - MLS : X12216747

From Our Gallery

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.

Location Description

Glenelg St W & Victoria Ave S

Property Detail

Community: Lindsay
Property Type: Tenant/Commercial
Garages: None
Annual Property Taxes : $ 32000

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : Gas Forced Air Open

Listing Contracted With: DAN PLOWMAN TEAM REALTY INC.

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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