$ 549,000
82 Durham ST W Kawartha Lakes, ON K9V 2P9
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$ 549,000
Est. payment /mo
Price Dropped by $26K
82 Durham ST W Kawartha Lakes, ON K9V 2P9
3 Beds
2 Baths
UPDATED:
11/01/2024 07:27 PM
Key Details
Property Type Single Family Home
Sub Type Semi-Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
MLS Listing ID X9393469
Style 2 1/2 Storey
Bedrooms 3
Annual Tax Amount $2,641
Tax Year 2023
Property Description
Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay, with gross annual income of approx. $40,200 (5.69 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 - 2bedroom unit with kitchen and wonderful 3rd storey loft living space. Lower unit - 3 bedroom unit with kitchen & living space. 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.
Location
State ON
County Kawartha Lakes
Area Lindsay
Rooms
Family Room No
Basement Full, Finished
Kitchen 2
Separate Den/Office 2
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Gas
Exterior
Garage Private
Garage Spaces 4.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Parking Type None
Total Parking Spaces 4
Building
Unit Features Hospital,Park,School
Foundation Unknown
Listed by SOTHEBY`S INTERNATIONAL REALTY CANADA