Kawartha Lakes, ON K9V 2P9,82 DURHAM ST W
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Gail Reeves Reid

Gail Reeves Reid

EXP Realty Brokerage

+1(416) 540-8681
$519,000
Est. payment /mo
5 Beds
2 Baths
2,467 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,467 sqft

Price per Sqft $210

Subdivision Lindsay

MLS Listing ID X10439253

Style 2 1/2 Storey

Bedrooms 5

Annual Tax Amount $2,641

Tax Year 2023

Property Sub-Type Semi-Detached

Lot Depth 173.63

Lot Front 36.24

Property 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.

Location

Province ON

County Kawartha Lakes

Community Lindsay

Area Kawartha Lakes

Zoning R3 - Duplex

Rooms

Basement Finished, Full

Kitchen 2

Separate Den/Office 2

Interior

Interior Features Unknown

Cooling None

Inclusions Includes appliances & misc. furniture - see schedule D for inclusions/exclusions., Other

Laundry Shared

Exterior

Parking Features Private

Pool None

Roof Type Shingles

Lot Frontage 36.24

Lot Depth 173.63

Exposure North

Total Parking Spaces 4

Building

Foundation Unknown

New Construction false

Others

Senior Community No

Virtual Tour https://youriguide.com/f6isv_82_durham_st_w_kawartha_lakes_on


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Listed by Sotheby's International Realty Canada, Brokerage (Gravenhurst Unit 4)

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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