11 & 13 Acacia Avenue 11-1,2,3; 13-1,2,3, New Edinburgh - Lindenlea, ON K1M 0P3
New Edinburgh - Lindenlea
Cap Rate = 5.6%. Fully renovated 6-plex apartment building on storied Acacia Ave at the entrance to Rockliffe Park. New bathrooms and kitchens w quartz countertops, new flooring, fridges, dishwashers, washer-dryers, microwaves and hot water tanks in all units in winter of 2021. New wiring and plumbing throughout. Building fully occupied with young professionals. Average lease length of 2 years, creating ample opportunity to increase rents to market value without additional capital improvements. Annual gross income of $143k. NOI of $121k. Electric heat, separate meters for each unit, tenants pay hydro. Two 1 bedroom garden-level walkout units with their own green space. Two 1 bedroom 1st floor units with private, west facing decks. Two 1 bedroom and den 2nd story units with private, east facing decks. Units rent from $1,800/ month to $2,200/month. Parking for 6 cars in adjacent lot, also for sale separately or combined. (See MLS: 13010148) Rent roll for all 6 units available. Recent survey available. Safe, popular, leafy neighbourhood with many attractive amenties within short walking distance, including Metro, LCBO, Starbucks, Bridgehead, Pet Value, vet clinics, restaurants and specialty shops. Bike and jogging paths, and winding, secluded streets of Rockliffe Park only a stones throw away. Great location and excellent investment opportunity.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 11 & 13 Acacia Avenue 11-1,2,3; 13-1,2,3, New Edinburgh - Lindenlea, ON K1M 0P3
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13008696
Listed by DIGI BROKERAGE
On market since Apr 16, 2026
11 & 13 Acacia Avenue 11-1,2,3; 13-1,2,3, New Edinburgh - Lindenlea, ON K1M 0P3 is listed for $2,150,000 CAD.
11 & 13 Acacia Avenue 11-1,2,3; 13-1,2,3, New Edinburgh - Lindenlea, ON K1M 0P3 is a Investment, 4,200 sq ft.
11 & 13 Acacia Avenue 11-1,2,3; 13-1,2,3, New Edinburgh - Lindenlea, ON K1M 0P3 is in New Edinburgh - Lindenlea, Ontario.
11 & 13 Acacia Avenue 11-1,2,3; 13-1,2,3, New Edinburgh - Lindenlea, ON K1M 0P3 is currently for sale.
The annual property taxes on 11 & 13 Acacia Avenue 11-1,2,3; 13-1,2,3, New Edinburgh - Lindenlea, ON K1M 0P3 are approximately $9,311 CAD.
Contact Alex Morgan at +16471112222 to arrange a private showing of 11 & 13 Acacia Avenue 11-1,2,3; 13-1,2,3, New Edinburgh - Lindenlea, ON K1M 0P3 (MLS# X13008696). You can also send a message through the contact form on this site.
