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.
| MLS # | X13492578 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 92 |
| Listing Provided By | KELLER WILLIAMS REFERRED URBAN REALTY | X13492578 205200 |
| SQ Feet | 824,155 |
|---|---|
| Acreage | 18.92 |
| Cooling | No |
|---|
| Utilities | Yes |
|---|---|
| Sewer | Septic |
| Tax Annual Amount | 2242.54 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | LT 20 W/S KING ST AND N/S MILL ST PL 79; PT S1/2 LT 15 CON 5 MARIPOSA; PT LT 19 W/S KING ST AND N/S MILL ST PL 79 AS IN R372169; KAWARTHA LAKES and PT S1/2 LT 15 CON 5 MARIPOSA; PT LT 19 W/W KING ST AND N/S MILL ST PL 79 PT 1 & 3, 57r4942; T/W A59682; KAWARTHA LAKES |
| Tax Year | 2026 |
| Province | ON |
|---|---|
| County | Kawartha Lakes |
| City | Kawartha Lakes |
| Postal Code | K0M 2C0 |
| Area | Little Britain |
| Listing VS Median (in K0M 2C0) | |
Price: $2,750,000 low | high Med: $1,375,600 sqft: 824,155 low | high Med: 412,279 $ / sqft: $3 low | high Med: $3 On site: 92 low | high Med: 82.5 | |
| Province | ON |
|---|---|
| County | Kawartha Lakes |
| City | Kawartha Lakes |
| Postal Code | K0M 2C0 |
| Area | Little Britain |
| Listing VS Median (in K0M 2C0) | |
Price: $2,750,000 low | high Med: $1,375,600 sqft: 824,155 low | high Med: 412,279 $ / sqft: $3 low | high Med: $3 On site: 92 low | high Med: 82.5 | |