263055 Victoria Glenelg Ave S

For Sale 45 Days
$2,600,000
beds
baths
35,843 Sqft

263055 Victoria Glenelg Ave S

For Sale 45 Days
$2,600,000
beds
baths
35,843 Sqft

Highlights

Key insights

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 7.1 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. Please See Attached For Financials! (id:63267)

DAN PLOWMAN of DAN PLOWMAN TEAM REALTY INC.,
#X12388617
updated 1 day ago.
Houseful checked MLS® for data 1 day ago.

Home overview

Amenities / Utilities
  • Cooling
    None
  • Heat source
    Natural gas
  • Heat type
    Forced air
Location
  • Subdivision
    Lindsay
Lot/ Land Details
  • Lot dimensions
    0.823
Overview
  • Lot size (acres)
    0.82
  • Building size
    35843
  • Listing #
    X12388617
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28829899/263055-victoria-glenelg-avenue-s-kawartha-lakes-lindsay-lindsay
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-6,933

/ Month
25 Years fixed, 20% down payment, % interest
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