Description
A rare opportunity to acquire three buildings across three separately registered lots, spanning a combined 0.82 acres, in a highly desirable Lindsay location. This portfolio offers a total of 21 turn-key residential units generating strong, reliable income. The properties include: 26 Victoria Ave S (PIN: 632270142) - 6 units, 30 Victoria Ave S (PIN: 632270143) - 5 units, 55 Glenelg St W (PIN: 632270158) - 10 units.Although each property is individually registered, the seller prefers to sell them as a combined package, presenting an exceptional opportunity for an investor seeking dependable income today along with redevelopment upside.The flexible zoning permits a variety of high-value uses and allows for development of up to four storeys. This is a remarkable investment opportunity. See attached for financials.
Location Description
Victoria Ave S / Glenelg St W
Property Details
- Community: Lindsay
- Property Type: Tenant/Residential Freehold
- Bedrooms: 39
- Bath: 21
- Garages: None
- Annual Property Taxes : $ 32000
Building Features
- Foundation Type: Concrete
- Counstruction Material : Brick
- Total Parking Space : 8
- Parking Type : None
Features
- Heating : Forced AirGas
- Sewer : Sewer ,
Listing Contracted With: RE/MAX ALL-STARS REALTY INC.
