82 Durham ST W Active Save Request In-Person Tour Request Virtual Tour
Kawartha Lakes,ON K9V 2P9
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
Area 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
Garage Private
Garage Spaces 4.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Total Parking Spaces 4
Building
Unit Features Hospital,Park,School
Foundation Unknown