$2,575,000
13 Acacia Avenue 11 #'s1-3; 13 #'s 1-3, New Edinburgh - Lindenlea, ON K1M 0P3
8 beds6 baths6 parking 3500-5000 ft²
Key facts
- MLS®
- X13467972
- Status
- New
- Type
- Multiplex
- Taxes
- $12,122
- Size
- 3500-5000 ft²
- Parking
- 6 total
- Lot
- 5342 Feet
- Listed
- 2026-06-19
- Brokerage
- DIGI BROKERAGE
- Cross street
- Acacia & Beechwood
Description
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.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.