New Listing
42 Wellington Street,Kawartha Lakes (Lindsay), ON K9V3N3
Kawartha Lakes (Lindsay), ON K9V3N3
Description
Centrally located legal non-conforming brick triplex generating $5,140/month in gross rental income, situated on a generous 50 x 200 ft lot with excellent future potential. This income-producing property offers approximately 2,300 sq ft of living space across three residential units, three separate hydro meters, ample parking, and two additional rented detached structures providing supplementary rental income.The unit mix includes an upper-level 2-bed, 1-bath apartment ($1,235/month); a main-floor 2-bed, 1-bath apartment ($1,219/month); and an updated main-floor 1-bed, 1-bath apartment ($1,786/month). Additional rental income comes from a detached brick double tandem garage, currently leased at $500/month, and a separate two-storey barn, leased at $400/month. An unfinished basement provides free shared laundry for tenants along with additional storage space.Set on a substantial 200-foot-deep lot with plenty of parking, just steps from downtown Lindsay, Kent Street shopping and dining, the new Foundry development, and everyday amenities. An excellent investment opportunity with strong existing rental income, multiple income streams, and a large lot in a convenient central location. (id:13843)
Details
| MLS # | X14109296 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 1 |
| Listing Provided By | RIGHT AT HOME REALTY | LENKA MATUSKA |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,000 |
| Garage | 8 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | R2 |
Interior
| Cooling | Wall unit |
|---|---|
| Heating | Radiant heat, Natural gas |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Stone |
|---|
Parking
| Parking Features | Detached Garage, Garage |
|---|---|
| Parking Total | 8 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 3895.2 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Kawartha Lakes (Lindsay) |
| Postal Code | K9V3N3 |
| Listing VS Median (in K9V3N3) | |
Price: $579,900 low | high Med: $579,900 sqft: 2,000 low | high Med: 2,000 $ / sqft: $290 low | high Med: $290 On site: 1 low | high Med: 1 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Kawartha Lakes (Lindsay) |
| Postal Code | K9V3N3 |
| Listing VS Median (in K9V3N3) | |
Price: $579,900 low | high Med: $579,900 sqft: 2,000 low | high Med: 2,000 $ / sqft: $290 low | high Med: $290 On site: 1 low | high Med: 1 | |
