Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay, with gross annual income of approx. $40,200 (6.02 Cap Rate). This Large semi-detached brick home is over 1800 sq ft above grade, with 2 separate units currently tenanted by students on term leases by room. This home features 5 sizable bedrooms all with windows, 2 kitchens and 2 large shared living spaces above grade. Huge 36 x 173 lot, large covered porch, private driveway for 4 car parking, and a massive backyard with a large deck off the main floor & shed for storage. There's even a second floor balcony! Upper unit - 2bedroom unit with kitchen and wonderful 3rd storey loft living space. Lower unit - 3 bedroom unit with kitchen & living space. Minutes to downtown, church, restaurants and only a 10 minute walk to Fleming College where the students attend. One of the oldest and best-ranked colleges for applied arts & technology in Canada, there is tons of demand for student housing near the college with consistently filled rooms. Upgrades include: new sensors for furnaces to improve heating efficiency & costs, most apartments have been repainted, 2 new windows, porch recently painted. **** EXTRAS **** Includes appliances & misc. furniture - see schedule D for inclusions/exclusions. HWT rental ($40/month). (id:56069)
| MLS® Number | X9393469 |
| Property Type | Single Family |
| Community Name | Lindsay |
| Amenities Near By | Hospital, Park, Schools |
| Parking Space Total | 4 |
| Structure | Shed |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 5 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Semi-detached |
| Exterior Finish | Brick |
| Flooring Type | Carpeted |
| Foundation Type | Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Hospital, Park, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 173 Ft ,7 In |
| Size Frontage | 36 Ft ,2 In |
| Size Irregular | 36.2 X 173.6 Ft |
| Size Total Text | 36.2 X 173.6 Ft|under 1/2 Acre |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 3.73 m | 3.08 m | 3.73 m x 3.08 m |
| Second Level | Bedroom 5 | 3.73 m | 3.16 m | 3.73 m x 3.16 m |
| Second Level | Kitchen | 3.61 m | 3.5 m | 3.61 m x 3.5 m |
| Third Level | Living Room | 8.5 m | 6.15 m | 8.5 m x 6.15 m |
| Lower Level | Bedroom 2 | 4.4 m | 2.95 m | 4.4 m x 2.95 m |
| Lower Level | Bedroom 3 | 3.99 m | 3.11 m | 3.99 m x 3.11 m |
| Main Level | Living Room | 4.6 m | 3.04 m | 4.6 m x 3.04 m |
| Main Level | Kitchen | 4.14 m | 3.11 m | 4.14 m x 3.11 m |
| Main Level | Bedroom 4 | 3.82 m | 3.41 m | 3.82 m x 3.41 m |
https://www.realtor.ca/real-estate/27533811/82-durham-street-w-kawartha-lakes-lindsay-lindsay
Contact us for more information
Dave Dubbin
Broker
(416) 916-3931
(416) 960-3222
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