9 Simcoe Street Lindsay, Ontario K9V 2G2
$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:50886)
Property Details
| MLS® Number | 40644943 |
| Property Type | Multi-family |
| AmenitiesNearBy | Hospital, Park, Playground, Schools, Shopping |
| CommunityFeatures | Community Centre |
| Features | Paved Driveway |
| ParkingSpaceTotal | 8 |
Building
| BathroomTotal | 5 |
| BedroomsTotal | 5 |
| BasementDevelopment | Unfinished |
| BasementType | Full (unfinished) |
| CoolingType | None |
| ExteriorFinish | Brick |
| FoundationType | Stone |
| HeatingFuel | Natural Gas |
| StoriesTotal | 2 |
| SizeInterior | 2382 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Hospital, Park, Playground, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 173 Ft |
| SizeFrontage | 63 Ft |
| SizeIrregular | 0.25 |
| SizeTotal | 0.25 Ac|under 1/2 Acre |
| SizeTotalText | 0.25 Ac|under 1/2 Acre |
| ZoningDescription | R2 |
https://www.realtor.ca/real-estate/27494699/9-simcoe-street-lindsay
Interested?
Contact us for more information
Cameron Sullivan
Broker
245 Wyecroft Rd - Suite 4a
Oakville, Ontario L6K 3Y6
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October 02 2024 09:26:47
Oakville, Milton & District Real Estate Board
Keller Williams Signature Realty, Brokerage