ON > Lindsay
Lindsay, ON K9V 2P9,84 Durham Street W
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Lindsay, ON K9V 2P9,84 Durham Street W
Lindsay, ON K9V 2P9,84 Durham Street W
Lindsay, ON K9V 2P9,84 Durham Street W
Lindsay, ON K9V 2P9,84 Durham Street W
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Cam McCarroll

Cam McCarroll

+1(905) 320-1346
$ 579,000
Est. payment /mo
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Price Dropped by $20K

84 Durham Street W Lindsay, ON K9V 2P9

7 Beds

3 Baths

1,813 SqFt

UPDATED:

11/14/2024 08:17 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,813 sqft

Price per Sqft $319

MLS Listing ID 40661861

Style 2.5 Storey

Bedrooms 7

Full Baths 3

Abv Grd Liv Area 2,431

Originating Board The Lakelands

Annual Tax Amount $2,250

Lot Size 5,837 Sqft

Acres 0.134

Property Description

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.

Location

State ON

County Kawartha Lakes

Area Kawartha Lakes

Zoning R3 - Duplex

Direction North on Lindsay St S, West on Durham St W.

Rooms

Basement Full, Finished

Kitchen 2

Interior

Interior Features Other

Heating Forced Air, Natural Gas

Cooling None

Fireplace No

Laundry In Basement, Shared

Exterior

Exterior Feature Balcony

Waterfront No

View Y/N true

View City

Roof Type Shingle

Porch Deck, Porch

Lot Frontage 33.22

Lot Depth 173.15

Garage No

Building

Lot Description Urban, Rectangular, Hospital, Park, Schools

Faces North on Lindsay St S, West on Durham St W.

Foundation Unknown

Sewer Sewer (Municipal)

Water Municipal

Architectural Style 2.5 Storey

Structure Type Brick

New Construction No

Others

Senior Community false

Tax ID 632270179

Ownership Freehold/None

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

Cam McCarroll

Broker

+1(905) 320-1346

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84 Durham Street W