Property Details
84 DURHAM STREET W, Kawartha Lakes (Lindsay), Ontario, K9V2P9
Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay with a Gross annual income of approx. $47,340 (6.59 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. **** EXTRAS **** Includes appliances & misc. furniture - see schedule D for inclusions/exclusions. HWT rental ($40/month). (id:2471)
BALL Real Estate Inc., Brokerage - Peterborough
- 705-768-6278
- 705-775-2255
- 705-651-0212
- sarah@sarahevans.ca
- Property Address: 84 DURHAM STREET W, Kawartha Lakes (Lindsay), Ontario, K9V2P9
- Community Name: Lindsay
- Property Type: Single Family
- Title: Freehold
- Lot Size: 33.2 x 173.2 FT
- Acreage: 33.2 x 173.2 FT|under 1/2 acre
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Total Parking Spaces: 4
- Amenities Nearby: Hospital, Park, Schools
- Structure Style: House
- Style: Semi-detached
- Storeys: 2.5
- Floor Space: 1499.9875 - 1999.983 sqft
- Bedrooms: 7
- Bathrooms: 3-Total
- Basement Type: Full (Partially finished)
- Heating Type: Natural gas, Forced air
- Exterior Type: Brick
- Flooring: Tile
- Foundation Type: Unknown
- Structures: Shed
| Type | Level | Dimensions |
|---|---|---|
| Kitchen | Second level | 4.79 m x 3.61 m |
| Bedroom 3 | Second level | 3.71 m x 3.13 m |
| Bedroom 4 | Second level | 3.72 m x 3.21 m |
| Bedroom | Third level | 3.85 m x 3.15 m |
| Bedroom 5 | Third level | 4.52 m x 2.69 m |
| Bedroom | Third level | 4.55 m x 2.67 m |
| Laundry room | Lower level | 4.41 m x 3.1 m |
| Recreational, Games room | Lower level | 3.12 m x 3.06 m |
| Kitchen | Main level | 5.37 m x 3.1 m |
| Primary Bedroom | Main level | 3.9 m x 3.57 m |
| Bedroom 2 | Main level | 3.46 m x 3.21 m |
Listing Office: SOTHEBY'S INTERNATIONAL REALTY CANADA
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Attention Investors! This solid 4 unit building consists of a...
- 8 Beds
- 5 Baths
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