Your rare opportunity to purchase a side-by-side proftable investment property in Central Lindsay. This Large semi-detached brick home is over1800 sq ft above grade, with 2 separate units currently tenanted by students on term leases by room. This home features 5 sizable bedrooms allwith windows, 2 kitchens and 2 large shared living spaces above grade. Huge 36 x 173 lot, large covered porch, private driveway for 4 carparking, 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. Gross annual incomeis approx $40,200. Minutes to downtown, church, restaurants and only a 10 minute walk to Fleming College where the students attend. One of theoldest and best-ranked colleges for applied arts & technology in Canada, there is tons of demand for student housing near the college withconsistently 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:
Freehold
Freehold Type:
Semi-Detached
Home Style:
2 1/2 Storey
Total Approx Floor Area:
1500-2000
Lot Size:
< .50
Depth:
173'7½"52.922 m
Frontage:
36'2⅞"11.046 m
Exposure:
North
Bedrooms:
3+2
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
2
Rooms:
9
Heating type:
Forced Air
Heating Fuel:
Gas
Basement:
Finished, Full
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0
Parking Spaces:
4
Total Parking Spaces:
4
Driveway:
Private
Family Room:
N
Possession Details:
Flexible
Taxes:
$2,641.8 /
2023
Assessment:
$- /
-
Floor
Type
Size
Other
Lower
2nd Br
14'5¼"4.40 m × 9'8"2.95 m
Broadloom, Above Grade Window
Lower
3rd Br
13'1"3.99 m × 10'2½"3.11 m
Above Grade Window, Broadloom
Main
Living
15'1"4.60 m × 10'3.04 m
Ceiling Fan, Window
Main
Kitchen
13'7"4.14 m × 10'2½"3.11 m
Window, Backsplash, W/O To Deck
Main
4th Br
12'6"3.82 m × 11'2¼"3.41 m
Window, French Doors
2nd
Prim Bdrm
12'3"3.73 m × 10'1¼"3.08 m
Window, W/I Closet
2nd
5th Br
12'3"3.73 m × 10'4"3.16 m
Window, Closet
2nd
Kitchen
11'10"3.61 m × 11'5¾"3.50 m
Window, W/O To Balcony, Backsplash
3rd
Living
27'11"8.50 m × 20'2"6.15 m
Large Window, Vaulted Ceiling, Ceiling Fan
Floor
Ensuite
Pieces
Other
Bsmt
-
4
2nd
-
4
Hospital, Park, School
Lindsay
Includes appliances & misc. furniture - see schedule D for inclusions/exclusions. HWT rental ($40/month). Contact listing agent for lease term information