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9 Simcoe Street Kawartha Lakes (Lindsay), Ontario K9V 2G2

5 Bedroom 5 Bathroom
Forced Air

$999,900

Turnkey 5 PLEX apartment building in the up and coming Town of Lindsay! This beautiful and money making property is a legal non-confirming 5-plex nicely situated on a 62 x 173' lot located in South Lindsay. Tenants love the location because it is walking distance to downtown and all the amenities one could desire! Nestled into a mature residential neighbourhood filled with stunning homes and unique architecture. The property boasts 3 one bedroom apartments, 1 two bedroom Apartment and 1 bachelor apt. All units are fully rented with great tenants. With strong rents and low operating costs this property runs itself and makes you money! The full basement offers plenty of room for storage and potential to add future value to the building! The backyard is massive and could be an opportunity to expand the building and add more rental suites in the future! Newer high efficiency boiler (2019). If you're looking to add a turnkey property to your investment portfolio, this is it! (id:57557)

Property Details

MLS® Number X9378956
Property Type Multi-family
Community Name Lindsay
Parking Space Total 8

Building

Bathroom Total 5
Bedrooms Above Ground 5
Bedrooms Total 5
Basement Development Unfinished
Basement Type Full (unfinished)
Exterior Finish Brick
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Type Other
Utility Water Municipal Water

Land

Acreage No
Sewer Holding Tank
Size Depth 173 Ft ,2 In
Size Frontage 62 Ft ,9 In
Size Irregular 62.81 X 173.24 Ft
Size Total Text 62.81 X 173.24 Ft
Zoning Description R2