Selling

82 Durham Street, Kawartha Lakes, ON K9V 2P9

$499,000

  • Jun 16, 2025
  • Kawartha Lakes, Ontario

Description
Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay, with gross annual income of approx. $40,200 (6.26 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.
Overview
MLS ID: X12026213
Type: Others
Bedrooms: 5
Bathrooms: 2
Square: 1,750 m²
Price: $499,000
PropertyType: Residential Freehold
TransactionType: For Sale
BuildingAreaUnits: Square Feet
Cooling: None
Heating: Forced Air
ParkingFeatures: None
YearBuilt: Unknown
TaxAnnualAmount: 2764.31
PossessionDetails: Flexible

🏠 Room Details
# Room Type Level Length (m) Width (m) Feature 1 Feature 2 Feature 3
1 Bedroom 2 Lower 4.4 2.95 Broadloom Above Grade Window
2 Bedroom 3 Lower 3.99 3.11 Above Grade Window Broadloom
3 Living Room Main 4.6 3.04 Ceiling Fan(s) Window
4 Kitchen Main 4.14 3.11 Window Backsplash W/O To Deck
5 Bedroom 4 Main 3.82 3.41 Window French Doors
6 Primary Bedroom Second 3.73 3.08 Window Walk-In Closet(s)
7 Bedroom 5 Second 3.73 3.16 Window Closet
8 Kitchen Second 3.61 3.5 Window W/O To Balcony Backsplash
9 Living Room Third 8.5 6.15 Large Window Vaulted Ceiling(s) Ceiling Fan(s)
Map
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