7 Beds 3 Bath

84 Durham Street, Kawartha Lakes, ON K9V 2P9

Kawartha Lakes K9V 2P9 Ontario

MLS: X12026221

$499,000

Added 49 days ago | For Sale

Listed by: SOTHEBY`S INTERNATIONAL REALTY CANADA

About Property

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.

Features

  • House Style:Semi-Detached
  • Bathrooms:3
  • Land Size: 33.22 X 173.15
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Lindsay St South & Kent St W
  • Basement:Full,Partially Finished , Full,Partially Finished
  • Possession Date:Flexible
  • Annual Property taxes: $2944.19
  • Bedrooms:7
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12026221

Level Type Features Dimensions
Main Kitchen W/O To Deck, Window, Tile Floor 17 ft, 7 in x 10 ft, 2 in
Primary Bedroom Window 12 ft, 10 in x 11 ft, 9 in
Bedroom 2 Window, Closet 11 ft, 4 in x 10 ft, 6 in
Second Kitchen Window, Tile Floor 15 ft, 9 in x 11 ft, 10 in
Bedroom 3 Window, Closet 12 ft, 2 in x 10 ft, 3 in
Bedroom 4 Window 12 ft, 2 in x 10 ft, 6 in
Third Bedroom 5 Window, Vaulted Ceiling(s) 14 ft, 10 in x 8 ft, 10 in
Bedroom Window, Vaulted Ceiling(s) 14 ft, 11 in x 8 ft, 9 in
Bedroom Window, Vaulted Ceiling(s) 12 ft, 8 in x 10 ft, 4 in
Lower Laundry W/O To Yard, Above Grade Window 14 ft, 6 in x 10 ft, 2 in
Recreation Above Grade Window 10 ft, 3 in x 10 ft

No property rooms available.

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