84 Durham Street For Sale

Kawartha Lakes, Lindsay, K9V 2P9

$579,000

Description

Listed by SOTHEBY`S INTERNATIONAL REALTY CANADA.

Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay with a Gross annual income of approx. $47,340 (6.82 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 7 sizable bedrooms all with windows, 3 baths, 2 kitchens and shared laundry in the basement. Huge 33 x 173 lot, large covered porch, private driveway for 4 car parking, basement walk/out, second floor balcony, and a massive backyard with a large deck off the main floor & shed for storage. Upper unit - 5 bedroom unit with kitchen. Lower unit - 2 bedroom unit with kitchen & w/o to back deck. 2 sets of Coin-operated washers & dryers with separate entrance in the basement. Room in basement to potentially expand. Minutes to downtown, church, restaurants and 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: Additional bathroom & shower in upstairs unit added, Sensors for furnace and added cold air returns to improve heating efficiency and costs, most apartments have been repainted, repairs to porch & repaint of porch.

Includes appliances & misc. furniture - see schedule D for inclusions/exclusions. HWT rental ($40/month).

Location

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  • Address: 84 Durham Street
  • Neighborhood: Lindsay
  • City: Kawartha Lakes
  • State: Ontario
  • Postal Code: K9V 2P9

Property Video

Property Details

  • Property ID: X9393479
  • Property Price: $579,000
  • Style: Semi-Detached, 2 1/2 Storey
  • Sq/Ft: 1500-2000
  • Rooms: 11
  • Bedrooms: 7
  • Bath: 3
  • Parking Spaces: 4
  • Basement: Full, Part Fin
  • Den: N
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $2,250.42 (2023)
  • Acreage: < .50 Acres
  • Lot: 173.15x33.22 (Feet)

Room details and dimensions

Statistics for similar Semi-Detached homes in Lindsay

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Average days on market for similar Semi-Detached homes in Lindsay

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Number of transactions for similar Semi-Detached homes in Lindsay

Property History

This property has been sold 8 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100