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!”
Attention investors! Here's an excellent opportunity to add a fully occupied income property to your portfolio. This solid brick semi-detached home features two self-contained 2-bedroom units and offers an attractive cap rate of about 7%, making it a compelling investment in today's market.The upper unit features a bright and comfortable layout with sliding doors leading to a private deck overlooking the fenced backyard, while the lower unit offers a cozy and functional living space that tenants are proud to call home. Both units are well maintained, heated with natural gas, and currently occupied by established tenants, providing immediate rental income. Situated in a quiet location close to the waterfront, parks, and local amenities, this property offers the lifestyle and convenience tenants are seeking. Ample on-site parking further enhances its appeal. Current rental income totals $3,850 per month, with the upper unit generating $2,000/month and the lower unit generating $1,850/month. Whether you're a seasoned investor or looking to acquire your first income property, this turnkey opportunity offers stable cash flow and long-term potential in a desirable location. (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
Yes
Living Area (Min):
700 sq. ft.65 m2
Living Area (Max):
1,100 sq. ft.102 m2
Zoning:
Res 3
Taxes:
$3,049 /
2025
Community:
Lindsay
Exterior Features:
Brick, Aluminum siding
Community Features:
Community Centre
Security Features:
Controlled entry
Structure Type:
House
Utilities:
Sewer, Electricity, Cable
Appliances Included:
Water meter, Dryer, Two stoves, Two Washers, Water Heater, Two Refrigerators
Data was last updated July 6, 2026 at 04:15 PM (UTC)
Area Statistics
Listings on market:
191
Avg list price:
$849,900
Min list price:
$159,999
Max list price:
$1,359,900
Avg days on market:
45
Min days on market:
0
Max days on market:
572
These statistics are generated based on the current listing's property type
and located in
Lindsay. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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.