9 Simcoe Street Kawartha Lakes, Ontario K9V 2G2

5 Bedroom 5 Bathroom 2,000 - 2,500 sqft
None Radiant Heat

$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

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Cameron Sullivan
Broker

(905) 335-8808

Keller Williams Edge Realty
3185 Harvester Road, Unit #1b
Burlington, Ontario L7N 3N8

(905) 335-8808
(289) 288-0550
www.kellerwilliamsedge.com/

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