$ 579.000

84 Durham Street W, Lindsay

  • Bedrooms: 7
  • Bathrooms: 3
  • Living area: 2431 square feet
  • Type: Residential
  • Added: 41 days ago
  • Updated: 7 days ago
  • Last Checked: 8 hours ago
Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay with a Gross annual income of approx. $47,340 (6.82 Cap Rate). This Large semi-detached brick home is over 1800 sq ft above grade, with 2 separate units currently tenanted by students on term leases by room. This home features 7 sizable bedrooms all with windows, 3 baths, 2 kitchens and shared laundry in the basement. Huge 33 x 173 lot, large covered porch, private driveway for 4 car parking, basement walk/out, second floor balcony, and a massive backyard with a large deck off the main floor & shed for storage. Upper unit - 5 bedroom unit with kitchen. Lower unit - 2 bedroom unit with kitchen & w/o to back deck. 2 sets of Coin-operated washers & dryers with seperate entrance in the basement. Room in basement to potentially expand. Gross annual income is approx $47,340. Minutes to downtown, church, restaurants and 10 minute walk to Fleming College where the students attend. One of the oldest and best-ranked colleges for applied arts & technology in Canada, there is tons of demand for student housing near the college with consistently filled rooms. Upgrades include: Additional bathroom & shower in upstairs unit added, Sensors for furnace and added cold air returns to improve heating efficiency and costs, most apartments have been repainted, repairs to porch & repaint of porch. (id:1945)
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Property DetailsKey information about 84 Durham Street W

  • Cooling: None
  • Heating: Forced air, Natural gas
  • Stories: 2.5
  • Structure Type: House
  • Exterior Features: Brick
  • Foundation Details: Unknown

Interior FeaturesDiscover the interior design and amenities

  • Basement: Finished, Full
  • Living Area: 2431
  • Bedrooms Total: 7
  • Above Grade Finished Area: 1813
  • Below Grade Finished Area: 618
  • Above Grade Finished Area Units: square feet
  • Below Grade Finished Area Units: square feet
  • Above Grade Finished Area Source: Listing Brokerage
  • Below Grade Finished Area Source: Listing Brokerage

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 84 Durham Street W

  • View: City view
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Parking Total: 4
  • Lot Size Dimensions: 0.134

Location & CommunityUnderstand the neighborhood and community

  • Directions: North on Lindsay St S, West on Durham St W.
  • Common Interest: Freehold
  • Street Dir Suffix: West
  • Subdivision Name: Lindsay (Town)

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system

Tax & Legal InformationGet tax and legal details applicable to 84 Durham Street W

  • Tax Annual Amount: 2250.42
  • Zoning Description: R3 - Duplex
Room Dimensions
Type Level Dimensions
3pc Bathroom Third level 5'8'' x 7'0''
Bedroom Third level 10'4'' x 12'8''
Bedroom Third level 8'9'' x 14'11''
Bedroom Third level 8'10'' x 14'10''
Bedroom Second level 10'3'' x 12'2''
Bedroom Second level 10'6'' x 12'2''
3pc Bathroom Second level 5'7'' x 7'6''
Kitchen Second level 11'10'' x 15'9''
4pc Bathroom Main level 5'0'' x 7'1''
Bedroom Main level 10'6'' x 11'4''
Bedroom Main level 11'9'' x 12'10''
Kitchen Main level 10'2'' x 17'7''
Storage Basement 10'0'' x 10'3''
Laundry room Basement 10'2'' x 14'5''
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Nearby Listings Stat

Active listings
5
Min Price
$569,900
Max Price
$789,900
Avg Price
$689,360
Days on Market
64 days
Sold listings
0
Min Sold Price
$0
Max Sold Price
$0
Avg Sold Price
$0
Days until Sold
days

Nearby Places

Name
Type
Address
Distance
Lindsay, Ontario
It is the seat of the City of Kawartha Lakes (form...
0.6 km
Lindsay Collegiate and Vocational Institute
It was previously in the Victoria County Board of ...
0.7 km
Kawartha Lakes
Locality
Kawartha Lakes
0.7 km
Kawartha Lakes
The main population centres are Bobcaygeon, Fenelo...
0.7 km
St. Thomas Aquinas Catholic Secondary School (Lindsay)
St Thomas Aquinas is currently the only Catholic s...
1.6 km
I. E. Weldon Secondary School
It is operated by the Trillium Lakelands District ...
2.5 km
Admiral Inn & Conference Centre
Lodging
1754 Ontario 7
3.1 km
Central East Correctional Centre
The Central East Correctional Centre (as known col...
3.5 km
Central East Correctional Centre
Establishment
541 Hwy 36
3.5 km
Lindsay Airport
Lindsay Airport, (TC LID: CNF4), is located 1.1 na...
3.8 km
Lindsay Airport
Airport
3187 Hwy35 North
3.8 km
Scugog River
The river flows north from the northeast end of La...
4.4 km
Additional Information about 84 Durham Street W

This House at 84 Durham Street W Lindsay, ON with MLS Number 40661861 which includes 7 beds, 3 baths and approximately 2431 sq.ft. of living area listed on Lindsay market by Dave Dubbin - Sotheby's International Realty Canada, Brokerage (Gravenhurst Unit 4) at $579,000 41 days ago.

We have found 6 Houses that closely match the specifications of the property located at 84 Durham Street W with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 549,990 and 769,900.

The current price of the property is $579,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 17% down payment, the total amount borrowed would be $480,570. This would result in a monthly mortgage payment of $2,708 over a 25-year amortization period.

More Details?
Dave Dubbin
  • Dave Dubbin
  • Sotheby's International Realty Canada, Brokerage (Gravenhurst Unit 4)
  • 416-833-2655

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