Karim Ellis

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84 DURHAM STREET W, Kawartha Lakes, Ontario

$579,000

7 Beds
3 Baths

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 separate entrance in the basement. Room in basement to potentially expand. 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. (id:23309)

Listing ID: X9393479
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Kitchen	Second level	4.79 m x 3.61 m
Bedroom 3	Second level	3.71 m x 3.13 m
Bedroom 4	Second level	3.72 m x 3.21 m
Bedroom	Third level	3.85 m x 3.15 m
Bedroom 5	Third level	4.52 m x 2.69 m
Bedroom	Third level	4.55 m x 2.67 m
Laundry room	Lower level	4.41 m x 3.1 m
Recreational, Games room	Lower level	3.12 m x 3.06 m
Kitchen	Main level	5.37 m x 3.1 m
Primary Bedroom	Main level	3.9 m x 3.57 m
Bedroom 2	Main level	3.46 m x 3.21 m

Details

Amenities Nearby: Hospital, Park, Schools
Ownership: Freehold
Parking Spaces: 4
Structure: Shed
Transaction: For sale

Building

BasementType: Full (Partially finished)
Basement Development: Partially finished
Bedrooms Main Level: 7
Construction Style Attachment: Semi-detached
Exterior Finish: Brick
Fireplace Present: False
Flooring: Tile
Foundation: Unknown
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1499.9875 - 1999.983 sqft
Stories Total: 2.5
Type: House
Utility Water: Municipal water

Land

Amenities: Hospital, Park, Schools
Sewer: Sanitary sewer
Size Frontage: 33 ft ,2 in
Size Irregular: 33.2 x 173.2 FT

Listing provided by SOTHEBY'S INTERNATIONAL REALTY CANADA
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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 84 DURHAM STREET W in Kawartha Lakes Ontario. It was last modified on October 11th, 2024. Contact Karim Ellis to schedule a viewing or to discover other Kawartha Lakes homes for sale.

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