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$ 579,900
Est. payment | /mo
5 Beds
4 Baths
$ 579,900
Est. payment | /mo
5 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Lindsay
MLS Listing ID X14109296
Style 2-Storey
Bedrooms 5
Annual Tax Amount $3,895
Tax Year 2025
Property Sub-Type Multiplex
Property 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.
Location
Province ON
County Kawartha Lakes
Area Kawartha Lakes
Rooms
Family Room No
Basement Unfinished
Kitchen 3
Interior
Interior Features None
Heating Yes
Cooling Wall Unit(s)
Fireplace No
Heat Source Gas
Exterior
Parking Features Available
Garage Spaces 4.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.71
Lot Depth 200.5
Total Parking Spaces 8
Building
Foundation Stone
Others
ParcelsYN No
Virtual Tour https://unbranded.youriguide.com/42_wellington_st_kawartha_lakes_on/
Listed by RIGHT AT HOME REALTY
Nearby Locations
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Sunny Song
Broker