$2,650,000Asking Price
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.
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.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
21 3-Piece Bathrooms |
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Lindsay, Kawartha Lakes is an east GTA neighbourhood notable for its singles, renters, university grads, education, law & public sector professionals and salespeople. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of kids aged 5 to 9, youth aged 20 to 24 and adults aged 25 to 49.
Kids Per Family
0.9
kids per family
in the neighbourhood.
45%
of residents are
single and loving it.
45% singles
Kawartha Lakes (38%)
32%
of residents
are renters.
32% renters
Kawartha Lakes (17%)
16%
of residents are
university grads.
16% university grads
Kawartha Lakes (14%)Average Household Income
$86K
is the average household
income in the neighbourhood.
Professions
Sales | 14% |
Trades | 10% |
Government | 9% |
Business | 7% |
Health | 5% |
7%
of residents were
born outside of Canada.
7% immigrants
Kawartha Lakes (7%)2.2% from UK
All-time
0.1% from Syria
Recent
Foreign Languages
French | 1% |
German | 1% |
Dutch | 1% |
Religions
Christian | 67% |