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$759,000
Available - For Sale
Listing ID: X13556418
Welcome to 23 Queen Street in the heart of Lindsay-an exceptional opportunity to acquire a turn-key, fully occupied detached fourplex offering an attractive 8% cap rate and approximately 2,600 sq. ft. of living space. Meticulously maintained inside and out, this impressive two-storey investment property features approximately 9-foot ceilings on the main floor, a welcoming front veranda, side deck and three parking spaces. The four units include a main-floor one-bedroom apartment with a 3-piece bathroom, approximately 600 sq. ft.; an upper-level two-bedroom apartment with a loft and 4-piece bathroom, approximately 1,100 sq. ft.; a rear one-bedroom apartment overlooking the neighbouring parkette with a 3-piece bathroom, approximately 440 sq. ft.; and a lower-level two-bedroom apartment with a 3-piece bathroom, approximately 456 sq. ft. Each unit is equipped with a fridge and stove, while tenants provide their own air-conditioning units, helping reduce the landlord's maintenance responsibilities. Individual waste and recycling bins are also allocated to each unit for added convenience. Fully occupied by excellent tenants, with annual fire inspections completed and the property maintained to current standards, this is an ideal addition to any investment portfolio. It also offers an excellent owner-occupancy opportunity, allowing a purchaser to live in one unit while rental income from the remaining units helps offset housing expenses. Conveniently situated adjacent to a park for added privacy and quiet enjoyment, just three blocks from vibrant downtown Lindsay and close to shops, restaurants, schools, groceries, Ross Memorial Hospital, riverfront walking paths and the year-round Victoria Rail Trail. Minutes from Sturgeon Lake, Ken Reid Conservation Area and major routes connecting to Peterborough, Durham, York Region and the GTA.
Price $759,000
Taxes: $3,849
Occupancy by: Tenant
Address: 23 Queen Street , Kawartha Lakes, K9V 1G1, Kawartha Lakes
Directions/Cross Streets: Lindsay St N/Queen St
Rooms: 11
Rooms +: 4
Bedrooms: 4
Bedrooms +: 3
Washrooms: 4
Family Room: F
Basement: Apartment
Finished
No. of Pieces Level
Washroom 1 3 Main
Washroom 2 4 Main
Washroom 3 3 Lower
Washroom 4 0
Washroom 5 0
Washroom 6 3 Main
Washroom 7 4 Main
Washroom 8 3 Lower
Washroom 9 0
Washroom 10 0
Washroom 11 3 Main
Washroom 12 4 Main
Washroom 13 3 Lower
Washroom 14 0
Washroom 15 0
Property Type: Fourplex
Style: 2 1/2 Storey
Exterior: Brick
Stone
Garage Type: None
Drive Parking Spaces: 3
Pool: None
Other Structures: Garden Shed
Approximatly Square Footage: 2500-3000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: Other
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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CENTURY 21 LEADING EDGE REALTY INC.

23 Queen Street , Kawartha Lakes, K9V 1G1, Kawartha Lakes

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Freehold - Fourplex
Area: Kawartha Lakes
Municipality: Kawartha Lakes
Neighbourhood: Lindsay
Style: 2 1/2 Storey
Lot Size: x 87.13(Feet)
Approximate Age:
Tax: $3,849
Maintenance Fee: $0
Beds: 4+3
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908