In today’s demanding marketplace, the Pringle Real Estate Team is dedicated to help ease the buying/selling process and strives towards making your real estate experience a positive one from start to finish. Our quality assurance to you is in delivering the utmost in honesty, integrity and competence with hometown hospitality. With a sound working knowledge of the latest in Real Estate fundamentals and technologies joined with our past and present marketing/sales/negotiating experience and enthusiasm, we look forward to meeting your needs/wants and goals and exceeding your expectations!”
Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay with a Gross annual income of approx. $47,340 (7.91 CAP RATE!). Both Properties Combined CAP RATE Of 7.08. 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 separate entrance in the basement. Room in basement to potentially expand. 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:2493)
Data was last updated April 26, 2025 at 06:45 PM (UTC)
Area Statistics
Listings on market:
104
Avg list price:
$894,900
Min list price:
$291,000
Max list price:
$1,039,900
Avg days on market:
31
Min days on market:
1
Max days on market:
548
These statistics are generated based on the current listing's property type
and located in
Lindsay. Average values are
derived using median calculations.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
