82 Durham Street W Lindsay, Ontario K9V 2P9
$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:51210)
Property Details
| MLS® Number | 40661833 |
| Property Type | Single Family |
| Amenities Near By | Hospital, Park, Schools |
| Equipment Type | Water Heater |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 5 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Semi-detached |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fixture | Ceiling Fans |
| Foundation Type | Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 2467 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Hospital, Park, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 174 Ft |
| Size Frontage | 36 Ft |
| Size Irregular | 0.14 |
| Size Total | 0.14 Ac|under 1/2 Acre |
| Size Total Text | 0.14 Ac|under 1/2 Acre |
| Zoning Description | 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
Interested?
Contact us for more information
Dave Dubbin
Broker
410 Muskoka Road South, Unit 4
Gravenhurst, Ontario P1P 1J4
(705) 687-5656
sothebysrealty.ca/
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®)
November 14 2024 08:31:08
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®
Sotheby's International Realty Canada
