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. (id:2493)
Listed by Sotheby's International Realty Canada, Brokerage (Gravenhurst Unit 4)
Data was last updated October 18, 2024 at 08:15 AM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$819,999
Min list price:
$575,000
Max list price:
$899,900
Avg days on market:
41
Min days on market:
7
Max days on market:
178
Avg price per sq.ft.:
$393.1
These statistics are generated based on the current listing's property type
and located in
Lindsay (Town). Average values are
derived using median calculations.
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