For Sale - 13 Acacia Avenue Unit# 11 #'s1-3; 13 #'s 1-3, New Edinburgh - Lindenlea, Ontario

Est payment $12,365/mo
Views   4
Time on Jump  126 day
  • Six-unit apartment building recently renovated with modern amenities and finishes.
  • Includes adjacent parking lot for six cars, zoned for various uses.
  • Private balconies and green spaces for all units enhance outdoor living.
  • Located in a safe neighborhood near trendy restaurants and shops.
  • Attractive area with biking paths and potential for re-development.



Previously listed as 2 seperate properties, now combines 6 unit apartment building and adjacent parking lot. The building is a fully renovated 6 plex apartment building on storied acacia ave at the entrance to rockliffe park. The price now includes parking for 6 cars, in a parking lot that is 2738sq ft. Parking lot has been severed and is zoned rud4, changing to h4b h(11) allowing a wide variety of commercial and residential permitted uses in a 4 storey envelope. The building itself was renovated 5 years ago, with new wiring and plumbing throughout; new kitchens, bathrooms and flooring; in-unit washer / dryers; fridge/stove/dishwasher/ microwave. Separate meters, tenants pay hydro; electric heat. Building features two 1 bdrm + den units; 4 one bdrm units. All units have private balconies and / or green space. Annual gross income = $143k, noi = $118k. Units rent for $1,700-$2,200 / month. Tenants are younger / professionals. Recent survey available. Safe leafy neighbourhood where trendy new edinburgh meets exclusive rockliffe park. Many funky / popular restaurants now dot the neighbourhood. Metro, starbucks, bmo branch and lcbo are a 10-minute walk away; pet valu and bridgehead coffee are around the corner; vet clinic down the street. Area is being re-developed and gentrified, attracting higher-end owners and renters. Surrounded by biking and jogging paths, and rockliffe's secluded streets are great for joggers & dog walkers. Great location for renters and investors alike.
Listing IDX13467972
Address13 Acacia Avenue Unit# 11 #'s1-3; 13 #'s…
CityNew Edinburgh - Lindenlea, Ontario
Price$2,575,000
Bed / Bath8 / 6 Full
Style3-Storey, Multiplex
ConstructionBrick
Land Size5342
TypeMulti-Family
StatusFor Sale
Subtype MultiplexIndoor Features Carpet Free, Separate Heating Controls, Water Heater OwnedAmenities Fenced Yard, Public Transit, SchoolOwnership FreeholdBasement Finished with Walk-Out, Separate Entrance, FinishedFoundation ConcreteHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer
Parking 6.00
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13 Acacia Avenue Unit# 11 #'s1-3; 13 #'s 1-3
New Edinburgh - Lindenlea , Ontario
8 6 $2,575,000
Get more info