40
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$579,000
Est. payment /mo
7 BD
3 BA
Active
84 DURHAM STREET W Kawartha Lakes (lindsay), ON K9V2P9
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Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Lindsay
MLS® Listing ID X10439162
Bedrooms 7
Originating Board OnePoint Association of REALTORS®
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 seperate entrance in the basement. Room in basement to potentially expand. Gross annual income is approx $47,340. 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. (id:24570)
Location
Province ON
Rooms
Extra Room 1 Second level 3.71 m X 3.12 m Bedroom
Extra Room 2 Second level 4.8 m X 3.61 m Kitchen
Extra Room 3 Second level 2.29 m X 1.7 m Bathroom
Extra Room 4 Second level 3.71 m X 3.2 m Bedroom
Extra Room 5 Third level 4.52 m X 2.69 m Bedroom
Extra Room 6 Third level 4.55 m X 2.67 m Bedroom
Interior
Heating Forced air
Exterior
Parking Features No
View Y/N Yes
View City view
Total Parking Spaces 4
Private Pool No
Building
Story 2.5
Sewer Sanitary sewer
Others
Ownership Freehold
Listed by Sotheby's International Realty Canada
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