23 Queen Street Kawartha Lakes, Ontario K9V 1G1

7 Bedroom 4 Bathroom 2,500 - 3,000 sqft
Window Air Conditioner Radiant Heat

$759,000

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. (id:62616)

Property Details

MLS® Number X13556418
Property Type Multi-family
Community Name Lindsay
Equipment Type Water Heater - Gas
Parking Space Total 3
Rental Equipment Type Water Heater - Gas
Structure Porch, Shed

Building

Bathroom Total 4
Bedrooms Above Ground 4
Bedrooms Below Ground 3
Bedrooms Total 7
Basement Development Finished
Basement Features Apartment In Basement, Separate Entrance, Walk-up
Basement Type N/a, N/a (finished), N/a, N/a
Cooling Type Window Air Conditioner
Exterior Finish Brick, Stone
Fire Protection Smoke Detectors
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 3
Size Interior 2,500 - 3,000 Sqft
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 87 Ft ,1 In
Size Frontage 40 Ft ,1 In
Size Irregular 40.1 X 87.1 Ft
Size Total Text 40.1 X 87.1 Ft

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/30025338/23-queen-street-kawartha-lakes-lindsay-lindsay

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