82 Durham ST W Active

Kawartha Lakes,ON K9V 2P9

$ 519000

3 Beds

2 Baths

- SqFt


Key Details

Property Type Single Family Home

Sub Type Semi-Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID X9393469

Style 2 1/2 Storey

Bedrooms 3

Annual Tax Amount $2,641

Tax Year 2023

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 - 2bedroom unit with kitchen and wonderful 3rd storey loft living space. Lower unit - 3 bedroom unit with kitchen & living space. 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

Region Lindsay

City Region Lindsay

Rooms

Family Room No

Basement Full,Finished

Kitchen 2

Separate Den/Office 2

Interior

Interior Features None

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Garage Spaces 4.0

Pool None

Roof Type Asphalt Shingle

Lot Depth 173.63

Total Parking Spaces 4

Building

Unit Features Hospital,Park,School

Foundation Unknown

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