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Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay, with gross annual income of approx. $40,200 (6.26 CAP RATE). Both properties combined CAP RATE of 7.08 ! 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. 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.
Includes appliances & misc. see schedule D for inclusions/exclusions.
City: Kawartha Lakes
Neighborhood: Lindsay
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Oct 11, 2024 | N/A | $519,000 | N/A | Terminated | X10439253 |
Oct 11, 2024 | 157 | $519,000 | N/A | Terminated | X9393469 |
Feb 1, 2022 | 8 | $395,000 | $600,000 | Sold | X7118244 |
Feb 1, 2022 | 7 | $395,000 | $600,000 | Sold | X5486620 |
Mar 16, 2021 | 5 | $359,900 | $385,000 | Sold | X5152917 |
Jul 9, 2018 | 21 | $279,900 | $260,000 | Sold | X4185132 |
Apr 8, 2014 | 113 | $159,900 | $150,000 | Sold | X2876149 |
Apr 17, 2011 | 138 | $142,900 | $137,000 | Sold | X7105332 |
Nov 17, 2010 | 134 | $148,900 | N/A | Expired | X7158799 |
Nov 7, 2007 | 144 | $158,900 | N/A | Expired | X7154709 |
Apr 24, 2007 | 10 | $149,900 | $145,000 | Sold | X7100331 |
Purchase Price | $499000 |
Down Payment | $99800 |
Mortgage Insurance | $0 |
Total Mortgage | $399200 |
Mortgage Payment | $2460 |
Property Taxes | $230 |
Maintenance Fees | $0 |
Monthly Payment | $2690 |
Sold Comparables homes near 82 Durham St W, Kawartha Lakes
Located at 82 Durham St W , this Kawartha Lakes house is available for sale. This property was listed for $499,000 on Mon Apr 14 2025. This house's size is 1500-2000 Sqft. It has 3 bedrooms and 2 bathrooms. The property includes the following rooms: 2nd Br, 3rd Br, Living, Kitchen, 4th Br, Primary, 5th Br, Kitchen, Living. This property comes with 4 parking spots. 82 Durham St W, Kawartha Lakes is situated in the Lindsay neighbourhood.
MLS#: X12026213 · $499,000 · 3 bedroom house in Lindsay, Kawartha Lakes