28 photos
9 Simcoe Street, Kawartha Lakes, ON K9V 2G2
Lindsay · Kawartha Lakes · K9V 2G2
$699,900
About this property
An exceptional opportunity to own a fully tenanted, five-unit residential investment property in the heart of Lindsay! Situated on an expansive 62' x 173' lot in the desirable South Ward, this legal non-conforming fiveplex offers immediate rental income and exciting long-term potential. Set in an established neighbourhood with mature trees and charming homes, the property is a short walk from vibrant downtown Lindsay, with shopping, restaurants, parks, schools and everyday amenities nearby. Fleming College's Frost Campus is also conveniently located, adding to the property's appeal for potential tenants. The building features five self-contained units: three 1-bedroom apartments, one 2-bedroom apartment and one bachelor apartment, all currently rented. Additional highlights include eight parking spaces, a full basement with ample storage, a high-efficiency boiler installed in 2019, a new front porch, new soffits and a generously sized backyard for tenants to enjoy. The substantial lot also offers potential for additional residential units at the rear of the property, subject to municipal approvals and applicable zoning and building requirements. With an established rental history, excellent location and possible future expansion opportunities, this is an attractive addition to any investment portfolio. Don't miss this income-generating opportunity!
Details
- Property type
- Multiplex · Residential Freehold
- Bedrooms
- 5
- Bathrooms
- 5
- Living area
- 2000-2500 sq ft
- Lot
- 62.81 × 173.24 Feet
- Style
- Other
- Heating
- Radiant · Gas
- Cooling
- None
- Sewer / septic
- Holding Tank
- Basement
- Unfinished, Full
- Garage
- None
- Parking total
- 8
- Taxes
- $4,958 (2026)
Rooms
| Room | Level | Size | Notes |
|---|---|---|---|
Location
Approximate location, placed by postal code. Postal code data © GeoNames (CC BY 4.0).
Payments on this home
Estimated monthly payment
$3,099
Principal and interest only, using Canadian semi-annual compounding. Taxes, insurance, and CMHC premiums (required under 20% down) are extra. For planning, not a lending commitment.
Listing courtesy of Keller Williams Edge Realty. Listing data provided by the originating real estate board via PropTx Amplify Syndication.
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Information is deemed reliable but not guaranteed accurate. Room measurements are deemed reliable but not guaranteed.