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$359,000 total
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Asset Class
Retail
Size
—
Building class
A
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
95%
Some properties simply have a story to tell. 1014 Portage Road is ready for its next chapter.Built in 1900 and standing proudly in the heart of Kirkfield, this striking brick property is filled with the kind of architectural character that is becoming increasingly difficult to find. From its impressive brick faade and tall windows to its soaring rooflines and unmistakable century-home presence, this is a property with personality, history and incredible potential.Inside, the generous floor plan offers plenty of room to reimagine. The main level features expansive spaces, a kitchen, dining room, office, bedroom, bathroom and sunroom. Upstairs, multiple bedrooms and additional living and dining spaces create even more possibilities, while the large attic adds another level of intriguing space.Set on an approximately 48 x 167 ft lot, there is room outside to complement whatever vision takes shape within. And then there is the C2 zoning, adding another exciting dimension to the property and opening the door to a variety of potential uses, subject to applicable zoning provisions and approvals. This is not a move-in-ready home, and that's part of the opportunity. It is a property for someone who can see beyond today and appreciate what could be created here. Restore its century-home charm, reinvent the space, or explore the possibilities offered by its zoning. Located right in the village of Kirkfield, this is your chance to take on a truly distinctive property and write the next chapter of a building that has already stood for more than 125 years. (id:66811)
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Monthly debt service
$2K
Projected NOI
$22K
Annual cash flow
$2K
Cash-on-cash
1.57%
DSCR
1.09
Going-in cap
6.01%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
146,507
Households
64,350
Median income
$114,000
Median age
35.6
Daytime population
190,592
5-yr growth
2.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1014 PORTAGE ROAD, Kawartha Lakes (Eldon).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.