11 & 13 Acacia Avenue Unit 11-1,2,3; 13-1,2,3

ActiveNew Edinburgh - Lindenlea112 days on marketMLS® X13008696

$2,150,000

$512 / sq ft

Bedrooms0

Bathrooms0

Interior4,200 sq ft

Lot Size253 sq ft

TypeCommercial

ListingFor Sale

Days on Market112

About this property

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.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X13008696
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	4,200 sq ft
Lot Size	253 sq ft
Beds / Baths	0 bed · 0 bath
City	New Edinburgh - Lindenlea
Postal Code	K1M 0P3
Province	ON
Listed Date	April 16, 2026
Days on Market	112
Price per Sq Ft	$512
Brokerage	DIGI BROKERAGE