84 Durham Street W Kawartha Lakes, Ontario K9V 2P9
$579,000
Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay with a Gross annual income of approx. $47,340 (6.82 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 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 seperate entrance in the basement. Room in basement to potentially expand. Gross annual income is approx $47,340. 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:57975)
Property Details
| MLS® Number | X10439162 |
| Property Type | Single Family |
| Community Name | Lindsay |
| AmenitiesNearBy | Hospital |
| CommunicationType | Internet Access |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 4 |
| RentalEquipmentType | Water Heater |
| Structure | Deck, Porch |
| ViewType | City View |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 7 |
| BedroomsTotal | 7 |
| Appliances | Furniture |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructionStyleAttachment | Semi-detached |
| ExteriorFinish | Brick |
| FoundationType | Unknown |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 3 |
| Type | House |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Hospital |
| Sewer | Sanitary Sewer |
| SizeFrontage | 33.22 M |
| SizeIrregular | 33.22 X 173.15 Acre |
| SizeTotalText | 33.22 X 173.15 Acre|under 1/2 Acre |
| ZoningDescription | R3 - Duplex |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 3.71 m | 3.12 m | 3.71 m x 3.12 m |
| Second Level | Kitchen | 4.8 m | 3.61 m | 4.8 m x 3.61 m |
| Second Level | Bathroom | 2.29 m | 1.7 m | 2.29 m x 1.7 m |
| Second Level | Bedroom | 3.71 m | 3.2 m | 3.71 m x 3.2 m |
| Third Level | Bedroom | 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 |
| Third Level | Bedroom | 3.86 m | 3.15 m | 3.86 m x 3.15 m |
| Third Level | Bathroom | 2.13 m | 1.73 m | 2.13 m x 1.73 m |
| Basement | Laundry Room | 4.39 m | 3.1 m | 4.39 m x 3.1 m |
| Basement | Other | 3.12 m | 3.05 m | 3.12 m x 3.05 m |
| Main Level | Kitchen | 5.36 m | 3.1 m | 5.36 m x 3.1 m |
| Main Level | Bedroom | 3.91 m | 3.58 m | 3.91 m x 3.58 m |
| Main Level | Bedroom | 3.45 m | 3.2 m | 3.45 m x 3.2 m |
| Main Level | Bathroom | 2.16 m | 1.52 m | 2.16 m x 1.52 m |
https://www.realtor.ca/real-estate/27533627/84-durham-street-w-kawartha-lakes-lindsay-lindsay
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
December 11 2024 04:54:16
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®
Sotheby's International Realty Canada