44 days on Market

82 Durham St, Lindsay, Ontario K9V 2P9

$519,000
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Detached
3 + 2
2
~2467 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$210/sqft

Est. Mortgage$2,229/mo

Tax Amount (2023)$2,642/yr

Days On Market44 days


Description

Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay, with gross annual income of approx. $40,200 (6.02 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 5 sizable bedrooms all with windows, 2 kitchens and 2 large shared living spaces above grade. Huge 36 x 173 lot, large covered porch, private driveway for 4 car parking, and a massive backyard with a large deck off the main floor & shed for storage. There's even a second floor balcony! Upper unit - 2 bedroom unit with kitchen and wonderful 3rd storey loft living space. Lower unit - 3 bedroom unit with kitchen & living space. Gross annual income is approx $40,200. Minutes to downtown, church, restaurants and only a 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: new sensors for furnaces to improve heating efficiency & costs, most apartments have been repainted, 2 new windows, porch recently painted.


Property Details

Style2.5 Storey
View-
Age of property-
SqFt~2467 SqFt
Lot Size6,292 Ac(173.63 x 36.24)
Parking Spaces4
MLS ®Number40661833
Community NameCity of Kawartha Lakes
Data SourceITSO

Features

Heating: Forced Air, Natural Gas
Basement: Full, Finished

Basement Floor

Bedroom

3.99 x 3.10

Bathroom

2.31 x 1.63

4-Piece

Bedroom

4.39 x 2.95


Features

Lot size: 6,292 Ac
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Now
ListedFor Salefor$519,000Active
44 days on market
Listing by itso®
history photo preview39
Feb 9, 2022
ListedFor Salefor$395,000Sold for$•••,•••
Stayed 8 days on market
Listing by itso®
history photo preview20
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Property listed by Sotheby's International Realty Canada, Brokerage (Gravenhurst Unit 4), Brokerage
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