Kawartha Lakes, ON K9V 2P9,84 Durham ST W
Kawartha Lakes, ON K9V 2P9,84 Durham ST W
Kawartha Lakes, ON K9V 2P9,84 Durham ST W
39
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$579,000
Est. payment /mo
7 BD
3 BA
Price Dropped by $20K

84 Durham ST W Kawartha Lakes, ON K9V 2P9

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UPDATED:

11/14/2024 08:11 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 X9393479

Style 2 1/2 Storey

Bedrooms 7

Annual Tax Amount $2,250

Tax Year 2023

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 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.

Location

Province ON

County Kawartha Lakes

Area Lindsay

Rooms

Family Room No

Basement Full, Partially Finished

Kitchen 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

Total Parking Spaces 4

Building

Unit Features Hospital,Park,School

Foundation Unknown


Listed by SOTHEBY`S INTERNATIONAL REALTY CANADA

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Sasi Subramaniam

Broker

+1(416) 792-1690

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84 Durham ST W