For Sale - 82 DURHAM Street W, Lindsay, ON K9V2P9

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David Bradica

david@davidbradica.com +1(905) 203-1777

$519,000

Est. payment - /mo

5 Beds

2 Baths

2,467 SqFt

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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,467 sqft

Price per Sqft $210

Subdivision Lindsay (Town)

MLS® Listing ID 40661833

Bedrooms 5

Originating Board OnePoint - The Lakelands

Lot Size 6,098 Sqft

Acres 6098.4

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. (id:24570)

Location

Province ON

Rooms

Extra Room 1 Second level 12'3'' x 10'4'' Bedroom

Extra Room 2 Second level 12'3'' x 10'1'' Bedroom

Extra Room 3 Second level 9'9'' x 5'6'' 4pc Bathroom

Extra Room 4 Third level 27'11'' x 20'2'' Living room

Extra Room 5 Basement 7'7'' x 5'4'' 4pc Bathroom

Extra Room 6 Basement 13'1'' x 10'2'' Bedroom

Interior

Heating Forced air,

Cooling None

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2.5

Sewer Municipal sewage system

Others

Ownership Freehold

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

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David Bradica

+1(905) 203-1777

Broker of Record

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82 DURHAM Street W Lindsay, ON K9V2P9

David Bradica

David Bradica

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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82 DURHAM Street W