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$575,000
Status: For Sale
Your rare opportunity to purchase a side-by-side proftable investment property in Central Lindsay. 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. Gross annual income is approx $40,200. 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.
| Property Type | :Residential |
|---|---|
| MLS Number | :40661833 |
| Listing Type | :Sale |
| Property Age | :100+ Years years |
| Possession Date | : |
| Last Updated | :12 Oct, 2024 (19 Days ago) |
| Source | :The Lakelands |
| Price | : $575,000 |
|---|---|
| Property Taxes | :$2641.8 |
| Tax Year | :2023 |
|---|
| Bedrooms | :5 + |
|---|---|
| No. of Rooms | :11 |
| Heating | :Forced Air |
| Place of Worship | :No |
| Bathrooms | :2 |
|---|---|
| Approx Square Footage | :2467 sqft |
| Parking Space | :4 |
|---|---|
| Basement | :Full |
| Park | :Park |
|---|
11 Oct, 2024
TREB #40661833
Listed
$575000
