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$579,000
Available - For Sale
Listing ID: X9393479
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).
Price $579,000
Taxes: $2,250.42
Address: 84 Durham St West , Kawartha Lakes, K9V 2P9, Ontario
Lot Size: 33.22 x 173.15 (Feet)
Acreage: < .50
Directions/Cross Streets: Lindsay St South & Kent St W
Rooms: 11
Bedrooms: 7
Washrooms: 3
Kitchens: 2
Family Room: N
Basement: Full
Part Fin
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Lower Laundry 14.46 10.17 W/O To Yard, Above Grade Window
Room 2: Lower Rec 10.23 10.04 Above Grade Window
Room 3: Main Kitchen 17.61 10.17 W/O To Deck, Window, Tile Floor
Room 4: Main Prim Bdrm 12.79 11.71 Window
Room 5: Main 2nd Br 11.35 10.53 Window, Closet
Room 6: 2nd Kitchen 15.71 11.84 Window, Tile Floor
Room 7: 2nd 3rd Br 12.17 10.27 Window, Closet
Room 8: 2nd 4th Br 12.20 10.53 Window
Room 9: 3rd 5th Br 14.83 8.82 Window, Vaulted Ceiling
Room 10: 3rd Br 14.92 8.76 Window, Vaulted Ceiling
Room 11: 3rd Br 12.63 10.33 Window, Vaulted Ceiling
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  3 2nd
Washroom 3:  3 3rd
Property Type: Semi-Detached
Style: 2 1/2 Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 4
Pool: None
Other Structures: Garden Shed
Approximatly Square Footage: 1500-2000
Property Features: Hospital
Park
School
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: None
Sewers: Sewers
Water: Municipal
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SOTHEBY`S INTERNATIONAL REALTY CANADA

84 Durham St West , Kawartha Lakes, K9V 2P9, Ontario


 
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Type: Freehold - Semi-Detached
Area: Kawartha Lakes
Municipality: Kawartha Lakes
Neighbourhood: Lindsay
Style: 2 1/2 Storey
Lot Size: 33.22 x 173.15(Feet)
Approximate Age:
Tax: $2,250.42
Maintenance Fee: $0
Beds: 7
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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