9 Simcoe Street Kawartha Lakes, Ontario K9V 2G2
$699,900
An exceptional opportunity to own a fully tenanted, five-unit residential investment property in the heart of Lindsay! Situated on an expansive 62' x 173' lot in the desirable South Ward, this legal non-conforming fiveplex offers immediate rental income and exciting long-term potential. Set in an established neighbourhood with mature trees and charming homes, the property is a short walk from vibrant downtown Lindsay, with shopping, restaurants, parks, schools and everyday amenities nearby. Fleming College's Frost Campus is also conveniently located, adding to the property's appeal for potential tenants. The building features five self-contained units: three 1-bedroom apartments, one 2-bedroom apartment and one bachelor apartment. Four of the units are currently rented and one unit vacant and marketed for rent. Additional highlights include eight parking spaces, a full basement with ample storage, a high-efficiency boiler installed in 2019, a new front porch, new soffits and a generously sized backyard for tenants to enjoy. The substantial lot also offers potential for additional residential units at the rear of the property, subject to municipal approvals and applicable zoning and building requirements. With an established rental history, excellent location and possible future expansion opportunities, this is an attractive addition to any investment portfolio. Don't miss this income-generating opportunity! (id:50333)
Property Details
| MLS® Number | X14141386 |
| Property Type | Multi-family |
| Community Name | Lindsay |
| Parking Space Total | 8 |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Appliances | Stove, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Size Interior | 2,000 - 2,500 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Holding Tank |
| Size Depth | 173 Ft ,2 In |
| Size Frontage | 62 Ft ,9 In |
| Size Irregular | 62.8 X 173.2 Ft |
| Size Total Text | 62.8 X 173.2 Ft |
| Zoning Description | R2 |
https://www.realtor.ca/real-estate/30470807/9-simcoe-street-kawartha-lakes-lindsay-lindsay
Contact Us
Contact us for more information
Cameron Sullivan
Broker
3185 Harvester Road, Unit #1b
Burlington, Ontario L7N 3N8
(905) 335-8808
(289) 288-0550
www.kellerwilliamsedge.com/




























