Size
-
Lot size
584.55 sqm
Street frontage
N
Possession
Flexible
Price per sqm
$2,790 - $3,734
Taxes
$2,641.8 (2023)
Parking Type
-
Style
2 1/2 Storey
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Description
Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay, with gross annual income of approx. $40,200 (6.02 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.
EXTRAS: Includes appliances & misc. furniture - see schedule D for inclusions/exclusions. HWT rental ($40/month).
EXTRAS: Includes appliances & misc. furniture - see schedule D for inclusions/exclusions. HWT rental ($40/month).
Broker: SOTHEBY`S INTERNATIONAL REALTY CANADA
MLS®#: X9393469
Property details
Parking:
4
Parking type:
-
Property type:
Semi-Detached
Heating type:
Forced Air
Style:
2 1/2 Storey
MLS Size:
139-186 sqm
Lot front:
10.97 M
Lot depth:
53.04 M
Listed on:
Oct 11, 2024
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Rooms
Level | Name | Size | Features |
---|---|---|---|
Lower | 2nd Br | 1.3 x 0.9 m | Broadloom, Above Grade Window |
Lower | 3rd Br | 1.2 x 0.9 m | Above Grade Window, Broadloom |
Main | Living | 1.4 x 0.9 m | Ceiling Fan, Window |
Main | Kitchen | 1.3 x 0.9 m | Window, Backsplash, W/O To Deck |
Main | 4th Br | 1.2 x 1.0 m | Window, French Doors |
2nd | Prim Bdrm | 1.1 x 0.9 m | Window, W/I Closet |
2nd | 5th Br | 1.1 x 1.0 m | Window, Closet |
2nd | Kitchen | 1.1 x 1.1 m | Window, W/O To Balcony, Backsplash |
3rd | Living | 2.6 x 1.9 m | Large Window, Vaulted Ceiling, Ceiling Fan |
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Instant estimate:
orto view instant estimate
$10,630
higher than listed pricei
High
$553,862
Mid
$529,630
Low
$501,018