5 Bedroom
2 Bathroom
2467 sqft
None
Forced Air
$519,000
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:57975)
Property Details
MLS® Number
|
40661833 |
Property Type
|
Single Family |
AmenitiesNearBy
|
Hospital, Park, Schools |
EquipmentType
|
Water Heater |
ParkingSpaceTotal
|
4 |
RentalEquipmentType
|
Water Heater |
Building
BathroomTotal
|
2 |
BedroomsAboveGround
|
3 |
BedroomsBelowGround
|
2 |
BedroomsTotal
|
5 |
BasementDevelopment
|
Finished |
BasementType
|
Full (finished) |
ConstructionStyleAttachment
|
Semi-detached |
CoolingType
|
None |
ExteriorFinish
|
Brick |
Fixture
|
Ceiling Fans |
FoundationType
|
Unknown |
HeatingFuel
|
Natural Gas |
HeatingType
|
Forced Air |
StoriesTotal
|
3 |
SizeInterior
|
2467 Sqft |
Type
|
House |
UtilityWater
|
Municipal Water |
Land
AccessType
|
Road Access |
Acreage
|
No |
LandAmenities
|
Hospital, Park, Schools |
Sewer
|
Municipal Sewage System |
SizeDepth
|
174 Ft |
SizeFrontage
|
36 Ft |
SizeIrregular
|
0.14 |
SizeTotal
|
0.14 Ac|under 1/2 Acre |
SizeTotalText
|
0.14 Ac|under 1/2 Acre |
ZoningDescription
|
R3 - Duplex |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Second Level |
Bedroom |
|
|
12'3'' x 10'4'' |
Second Level |
Bedroom |
|
|
12'3'' x 10'1'' |
Second Level |
4pc Bathroom |
|
|
9'9'' x 5'6'' |
Third Level |
Living Room |
|
|
27'11'' x 20'2'' |
Basement |
4pc Bathroom |
|
|
7'7'' x 5'4'' |
Basement |
Bedroom |
|
|
13'1'' x 10'2'' |
Basement |
Bedroom |
|
|
14'5'' x 9'8'' |
Main Level |
Kitchen |
|
|
11'6'' x 11'10'' |
Main Level |
Living Room |
|
|
15'1'' x 9'11'' |
Main Level |
Kitchen |
|
|
13'7'' x 10'3'' |
Main Level |
Bedroom |
|
|
12'7'' x 11'2'' |
https://www.realtor.ca/real-estate/27533628/82-durham-street-w-lindsay