26/30/55 Victoria/Glenelg Avenue, Lindsay
Price
$2,600,000
Bedrooms39 Beds
Bathrooms21 Baths
Size5000 + sqft
Year BuiltNot listed
Property TypeHouse
Property Taxes$32000
Maintenance FeesNot listed
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.
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The Property Location
Mortgage Calculator
Total Monthly Payment
$12,007 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,080,000
Total Interest Payments
$1,282,447
Total Payment (Principal + Interest)
$3,362,447
Determine Your Profits After Selling Your Home
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Jess Whitehead
Sales Representative
Meet Jess Whitehead
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.
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