82 DURHAM Street W, Lindsay, Ontario

$519,000

5 Beds
2 Baths
2,467 Square Feet

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:56241)

Listing ID: 40661833
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Bedroom	Second level	12'3'' x 10'4''
Bedroom	Second level	12'3'' x 10'1''
4pc Bathroom	Second level	9'9'' x 5'6''
Living room	Third level	27'11'' x 20'2''
4pc Bathroom	Basement	7'7'' x 5'4''
Bedroom	Basement	13'1'' x 10'2''
Bedroom	Basement	14'5'' x 9'8''
Kitchen	Main level	11'6'' x 11'10''
Living room	Main level	15'1'' x 9'11''
Kitchen	Main level	13'7'' x 10'3''
Bedroom	Main level	12'7'' x 11'2''

Details

Amenities Nearby: Hospital, Park, Schools
Equipment: Water Heater
Ownership: Freehold
Parking Spaces: 4
Rental Equipment: Water Heater
Transaction: For sale
Zoning Description: R3 - Duplex

Building

BasementType: Full (Finished)
Basement Development: Finished
Bedrooms Main Level: 3
Bedrooms Lower Level: 2
Construction Style Attachment: Semi-detached
Cooling: None
Exterior Finish: Brick
Fireplace Present: False
Fixture: Ceiling fans
Foundation: Unknown
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 2467 sqft
Stories Total: 2.5
Type: House
Utility Water: Municipal water

Land

Access Type: Road access
Amenities: Hospital, Park, Schools
Sewer: Municipal sewage system
Size Frontage: 36 ft
Size Irregular: 0.14
Size Total: 0.14 ac|under 1/2 acre

Listing provided by Sotheby's International Realty Canada, Brokerage (Gravenhurst Unit 4)
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 82 DURHAM Street W in Lindsay Ontario. It was last modified on October 11th, 2024. Contact Virginia Dawn to schedule a viewing or to discover other Lindsay homes for sale.

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