9 Simcoe Street, Kawartha Lakes (Lindsay), Ontario

About 9 Simcoe Street

An exceptional opportunity to own a fully tenanted, five-unit residential investment property in the heart of Lindsay! Situated on an expansive 62' x 173' lot in the desirable South Ward, this legal non-conforming fiveplex offers immediate rental income and exciting long-term potential. Set in an established neighbourhood with mature trees and charming homes, the property is a short walk from vibrant downtown Lindsay, with shopping, restaurants, parks, schools and everyday amenities nearby. Fleming College's Frost Campus is also conveniently located, adding to the property's appeal for potential tenants. The building features five self-contained units: three 1-bedroom apartments, one 2-bedroom apartment and one bachelor apartment. Four of the units are currently rented and one unit vacant and marketed for rent. Additional highlights include eight parking spaces, a full basement with ample storage, a high-efficiency boiler installed in 2019, a new front porch, new soffits and a generously sized backyard for tenants to enjoy. The substantial lot also offers potential for additional residential units at the rear of the property, subject to municipal approvals and applicable zoning and building requirements. With an established rental history, excellent location and possible future expansion opportunities, this is an attractive addition to any investment portfolio. Don't miss this income-generating opportunity! (id:6289)

More Info on this Lindsay Other MLS® listing

9 Simcoe Street is an other listing for sale in Kawartha Lakes (Lindsay). The MLS® number is X14141386. It features 5 bedrooms, 5 bathrooms. It's currently listed for $699,900. For more details on MLS® X14141386, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This other listing in Lindsay is available now!

Selling your Lindsay Other property?

Have a similar home to 9 Simcoe Street? If you’re thinking about selling your Lindsay other property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Kawartha Lakes (Lindsay) property.

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