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Kawartha Lakes (lindsay),ON K9V2P9
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,499 sqft
Price per Sqft $386
Subdivision Lindsay
MLS Listing ID X9393479
Bedrooms 7
Originating Board Toronto Regional Real Estate Board
Property Description
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. **** EXTRAS **** Includes appliances & misc. furniture - see schedule D for inclusions/exclusions. HWT rental ($40/month). (id:24570)
Location
Province ON
Rooms
Extra Room 1 Second level 4.79 m X 3.61 m Kitchen
Extra Room 2 Second level 3.71 m X 3.13 m Bedroom 3
Extra Room 3 Second level 3.72 m X 3.21 m Bedroom 4
Extra Room 4 Third level 3.85 m X 3.15 m Bedroom
Extra Room 5 Third level 4.52 m X 2.69 m Bedroom 5
Extra Room 6 Third level 4.55 m X 2.67 m Bedroom
Interior
Heating Forced air
Flooring Tile
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2.5
Sewer Sanitary sewer
Others
Ownership Freehold