42 WELLINGTON STREET, Kawartha Lakes, ON K9V3N3
42 WELLINGTON STREET, Kawartha Lakes, ON K9V3N3
42 WELLINGTON STREET, Kawartha Lakes, ON K9V3N3
42 WELLINGTON STREET, Kawartha Lakes, ON K9V3N3
42 WELLINGTON STREET, Kawartha Lakes, ON K9V3N3
42 WELLINGTON STREET, Kawartha Lakes, ON K9V3N3
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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

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000 - 2500

Subdivision Lindsay

MLS® Listing ID X14109296

Bedrooms 5

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. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 2.82 m X 2.47 m Bathroom

Extra Room 2 Second level 4.1 m X 3.06 m Bedroom

Extra Room 3 Second level 4.09 m X 3.02 m Bedroom

Extra Room 4 Second level 4.06 m X 4.45 m Family room

Extra Room 5 Second level 1.93 m X 3.65 m Kitchen

Extra Room 6 Second level 1.07 m X 2.52 m Other

Interior

Heating Radiant heat

Cooling Wall unit

Flooring Vinyl

Exterior

Parking Features Yes

View Y/N No

Attached Garage No

Total Parking Spaces 8

Garage Yes

Private Pool No

Building

Story 2

Sewer Sanitary sewer

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Benjamin Hack

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+1(250) 300-8316

benrhack@gmail.com

864D 8th Street, Kamloops, BC V2B 2X3, CAN

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42 WELLINGTON STREET