84 Durham Street W Kawartha Lakes, Ontario K9V 2P9
$499,000
Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay with a Gross annual income of approx. $47,340 (7.91 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 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 separate entrance in the basement. Room in basement to potentially expand. 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. (id:61852)
Property Details
| MLS® Number | X12026221 |
| Property Type | Single Family |
| Community Name | Lindsay |
| AmenitiesNearBy | Hospital, Park, Schools |
| ParkingSpaceTotal | 4 |
| Structure | Shed |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 7 |
| BedroomsTotal | 7 |
| Appliances | Furniture |
| BasementDevelopment | Partially Finished |
| BasementType | Full (partially Finished) |
| ConstructionStyleAttachment | Semi-detached |
| ExteriorFinish | Brick |
| FlooringType | Tile |
| FoundationType | Unknown |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 3 |
| SizeInterior | 1500 - 2000 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| LandAmenities | Hospital, Park, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 173 Ft ,2 In |
| SizeFrontage | 33 Ft ,2 In |
| SizeIrregular | 33.2 X 173.2 Ft |
| SizeTotalText | 33.2 X 173.2 Ft|under 1/2 Acre |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 4.79 m | 3.61 m | 4.79 m x 3.61 m |
| Second Level | Bedroom 3 | 3.71 m | 3.13 m | 3.71 m x 3.13 m |
| Second Level | Bedroom 4 | 3.72 m | 3.21 m | 3.72 m x 3.21 m |
| Third Level | Bedroom | 3.85 m | 3.15 m | 3.85 m x 3.15 m |
| Third Level | Bedroom 5 | 4.52 m | 2.69 m | 4.52 m x 2.69 m |
| Third Level | Bedroom | 4.55 m | 2.67 m | 4.55 m x 2.67 m |
| Lower Level | Laundry Room | 4.41 m | 3.1 m | 4.41 m x 3.1 m |
| Lower Level | Recreational, Games Room | 3.12 m | 3.06 m | 3.12 m x 3.06 m |
| Main Level | Kitchen | 5.37 m | 3.1 m | 5.37 m x 3.1 m |
| Main Level | Primary Bedroom | 3.9 m | 3.57 m | 3.9 m x 3.57 m |
| Main Level | Bedroom 2 | 3.46 m | 3.21 m | 3.46 m x 3.21 m |
https://www.realtor.ca/real-estate/28039931/84-durham-street-w-kawartha-lakes-lindsay-lindsay
Interested?
Contact us for more information
Dave Dubbin
Broker
3109 Bloor St West #1
Toronto, Ontario M8X 1E2
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April 14 2025 06:41:29
Toronto Real Estate Board
Sotheby's International Realty Canada
