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$499,000
Available - For Sale
Listing ID: X12026213
Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay, with gross annual income of approx. $40,200 (6.26 CAP RATE). Both properties combined CAP RATE of 7.08 ! 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. 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.
Price $499,000
Taxes: $2,764.31
Occupancy by: Tenant
Address: 82 Durham Stre West , Kawartha Lakes, K9V 2P9, Kawartha Lakes
Acreage: < .50
Directions/Cross Streets: Lindsay St South & Kent St W
Rooms: 9
Bedrooms: 3
Bedrooms +: 2
Washrooms: 2
Family Room: F
Basement: Full
Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Lower Bedroom 2 14.43 9.68 Broadloom, Above Grade Window
Room 2: Lower Bedroom 3 13.09 10.20 Above Grade Window, Broadloom
Room 3: Main Living Ro 15.09 9.97 Ceiling Fan(s), Window
Room 4: Main Kitchen 13.58 10.20 Window, Backsplash, W/O To Deck
Room 5: Main Bedroom 4 12.53 11.18 Window, French Doors
Room 6: Second Primary B 12.23 10.10 Window, Walk-In Closet(s)
Room 7: Second Bedroom 5 12.23 10.36 Window, Closet
Room 8: Second Kitchen 11.84 11.48 Window, W/O To Balcony, Backsplash
Room 9: Third Living Ro 27.88 20.17 Large Window, Vaulted Ceiling(s), Ceiling Fan(s)
No. of Pieces Level
Washroom 1:  4 Basement
Washroom 2:  4 Second
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Basement
Washroom 7:  4 Second
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4 Basement
Washroom 12:  4 Second
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Property Type: Semi-Detached
Style: 2 1/2 Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 4
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Other Structures: Garden Shed
Approximatly Square Footage: 1500-2000
Property Features: Hospital
Park
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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SOTHEBY`S INTERNATIONAL REALTY CANADA

82 Durham Stre West , Kawartha Lakes, K9V 2P9, Kawartha Lakes


 
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Type: Freehold - Semi-Detached
Area: Kawartha Lakes
Municipality: Kawartha Lakes
Neighbourhood: Lindsay
Style: 2 1/2 Storey
Lot Size: x 173.63(Feet)
Approximate Age:
Tax: $2,764.31
Maintenance Fee: $0
Beds: 3+2
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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