84 DURHAM ST W, Kawartha Lakes, ON K9V 2P9
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Jamie Black

Jamie Black

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84 DURHAM ST W Kawartha Lakes, ON K9V 2P9

7 Beds

3 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Semi-Detached

Listing Status Active

Purchase Type For Sale

Subdivision Lindsay

MLS Listing ID X10439162

Style 2 1/2 Storey

Bedrooms 7

Annual Tax Amount $2,250

Tax Year 2023

Property Sub-Type Semi-Detached

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

Province ON

County Kawartha Lakes

Area Kawartha Lakes

Zoning R3 - Duplex

Rooms

Basement Finished, Full

Kitchen 2

Interior

Interior Features Other

Cooling None

Inclusions Includes appliances & misc. furniture - see schedule D for inclusions/exclusions., Other

Laundry In Basement, Shared

Exterior

Exterior Feature Deck, Porch

Parking Features Private

Pool None

View City

Roof Type Shingles

Lot Frontage 33.22

Lot Depth 173.15

Exposure North

Total Parking Spaces 4

Building

Foundation Unknown

New Construction false

Others

Senior Community No

ParcelsYN No

Virtual Tour https://youriguide.com/28hsh_84_durham_st_w_kawartha_lakes_on

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

NEARBY SCHOOLS & PROPERTIES

Jamie Black

Jamie Black

Sales Representative

+1(416) 496-9220

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84 DURHAM ST W

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