42 Wellington ST, Kawartha Lakes, ON K9V 3N3
42 Wellington ST, Kawartha Lakes, ON K9V 3N3
42 Wellington ST, Kawartha Lakes, ON K9V 3N3
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Jacqui VandenHeuvel

Jacqui VandenHeuvel

+1(905) 926-4399
$579,900
Est. payment /mo
5 Beds
4 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Lindsay

MLS Listing ID X14109296

Style 2-Storey

Bedrooms 5

Annual Tax Amount $3,895

Tax Year 2025

Property Sub-Type Multiplex

Property Description

Centrally located legal non-conforming brick triplex generating $5,140/month in gross rental income, situated on a generous 50 x 200 ft lot with excellent future potential. This income-producing property offers approximately 2,300 sq ft of living space across three residential units, three separate hydro meters, ample parking, and two additional rented detached structures providing supplementary rental income.The unit mix includes an upper-level 2-bed, 1-bath apartment ($1,235/month); a main-floor 2-bed, 1-bath apartment ($1,219/month); and an updated main-floor 1-bed, 1-bath apartment ($1,786/month). Additional rental income comes from a detached brick double tandem garage, currently leased at $500/month, and a separate two-storey barn, leased at $400/month. An unfinished basement provides free shared laundry for tenants along with additional storage space.Set on a substantial 200-foot-deep lot with plenty of parking, just steps from downtown Lindsay, Kent Street shopping and dining, the new Foundry development, and everyday amenities. An excellent investment opportunity with strong existing rental income, multiple income streams, and a large lot in a convenient central location.

Location

Province ON

County Kawartha Lakes

Area Kawartha Lakes

Zoning R2

Rooms

Basement Unfinished

Kitchen 3

Interior

Interior Features None

Cooling Wall Unit(s)

Exterior

Parking Features Detached

Garage Spaces 4.0

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 8

Building

Foundation Stone

Others

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Jacqui VandenHeuvel

Jacqui VandenHeuvel

+1(905) 926-4399

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