17 days on Market

84 Durham St, Lindsay, Ontario K9V 2P9

$625,000
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Detached
7
3
~2431 sqft

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Highlights

Estimated Value$591,000*

Price/Sqft$257/sqft

Est. Mortgage$2,684/mth

Tax Amount (2023)$2,250/yr

Days On Market17 days

*Last updated on: 24/10/24

Description

Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay. 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.


Property Details

Style2.5 Storey
ViewCity
Age of property-
SqFt~2431 SqFt
Lot Size5,752 Ac(173.15 x 33.22)
Parking Spaces4
MLS ®Number40661861
Community NameCity of Kawartha Lakes
Data SourceITSO

Features

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

Basement Floor

Laundry

4.39 x 3.10

Storage

3.12 x 3.05


Features

Lot size: 5,752 Ac
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Now
ListedFor Salefor$625,000Active
17 days on market
Listing by itso®
history photo preview40
Feb 9, 2022
ListedFor Salefor$399,000Sold for$•••,•••
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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