84 DURHAM Street
Kawartha Lakes, ON
7 bed • 3 bath • 2,431 sqft • Semi-Detached • 53 days on market
Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay with a Gross annual income of approx. $47,340 (6.82 Cap Rate). This Large semi-detached brick home is over 1800 sq ft above grade, with 2 separate units currently tenanted by students on term leases by room. This home features 7 sizable bedrooms all with windows, 3 baths, 2 kitchens and shared laundry in the basement. Huge 33 x 173 lot, large covered porch, private driveway for 4 car parking, basement walk/out, second floor balcony, and a massive backyard with a large deck off the main floor & shed for storage. Upper unit - 5 bedroom unit with kitchen. Lower unit - 2 bedroom unit with kitchen & w/o to back deck. 2 sets of Coin-operated washers & dryers with seperate entrance in the basement. Room in basement to potentially expand. Gross annual income is approx $47,340. Minutes to downtown, church, restaurants and 10 minute walk to Fleming College where the students attend. One of the oldest and best-ranked colleges for applied arts & technology in Canada, there is tons of demand for student housing near the college with consistently filled rooms. Upgrades include: Additional bathroom & shower in upstairs unit added, Sensors for furnace and added cold air returns to improve heating efficiency and costs, most apartments have been repainted, repairs to porch & repaint of porch.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2023)
- $2,250
- Originally Listed
- $625,000
- Listed
- October 11, 2024
Price History
Listing history
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Property
- Style
- 2 1/2 Storey
- Construction
- Brick
- Roof
- Shingles
- Foundation
- Unknown
- Interior
- Other
- Lot Size
- 33.22 x 173.15 Feet
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- North on Lindsay St S, West on Durham St W.
- Zoning
- R3 - Duplex
- Parcel Number
- 632270179
- Possession
- Flexible
Commercial
- Occupancy
- Tenant
Included
- Inclusions
- Includes appliances & misc. furniture - see schedule D for inclusions/exclusions., Other
- Exclusions
- All Tenant Belongings & Tools
Schools
Elementary
- King Albert Public School0.4 km
Public · Trillium Lakelands DSB · 180 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 31% met the provincial standard
- Central Senior School0.6 km
Public · Trillium Lakelands DSB · 230 students
- Leslie Frost Public School0.7 km
Public · Trillium Lakelands DSB · 475 students
Grade 3 reading: 59% met the provincial standard · Grade 6 math: 57% met the provincial standard
Secondary
- Lindsay Collegiate and Vocational Institute0.7 km
Public · Trillium Lakelands DSB · 600 students
Grade 10 literacy: 77% met the provincial standard
- PVNC Online Catholic School1.6 km
Catholic · Peterborough Victoria Northum Clarington CDSB
- St. Thomas Aquinas Catholic Secondary School1.9 km
Catholic · Peterborough Victoria Northum Clarington CDSB · 260 students
Grade 10 literacy: 68% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K9V
- Population
- 29,369
- Private dwellings
- 12,949
- Median age
- 49.6
- Average household size
- 2.3
- Median household income
- $72,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Kawartha Lakes · last 12 months
- Median sold price
- $619,000
- Homes sold
- 1,267
- Median days on market
- 35
- Sale-to-list price
- 95.9%
Based on 1,267 recorded sales of residential freehold properties in Kawartha Lakes over the last 12 months.
Rooms
4-piece on Main, 3-piece on Second, 3-piece on Third
Third
- Bathroom7' x 5'8"
- Bathroom7' x 5'8"
- Bathroom7' x 5'8"
- Bedroom14'11" x 8'9"
- Bedroom14'10" x 8'10"
- Bedroom14'10" x 8'10"
- Bedroom12'8" x 10'4"
- Bedroom14'11" x 8'9"
- Bedroom12'8" x 10'4"
- Bedroom14'10" x 8'10"
- Bedroom14'11" x 8'9"
- Bedroom12'8" x 10'4"
Second
- Bathroom7'6" x 5'7"
- Bathroom7'6" x 5'7"
- Bathroom7'6" x 5'7"
- Bedroom12'2" x 10'6"
- Bedroom12'2" x 10'3"
- Bedroom12'2" x 10'6"
- Bedroom12'2" x 10'3"
- Bedroom12'2" x 10'6"
- Bedroom12'2" x 10'3"
- Kitchen15'9" x 11'10"
- Kitchen15'9" x 11'10"
- Kitchen15'9" x 11'10"
Main
- Bathroom7'1" x 5'
- Bathroom7'1" x 5'
- Bathroom7'1" x 5'
- Bedroom11'4" x 10'6"
- Bedroom12'10" x 11'9"
- Bedroom11'4" x 10'6"
- Bedroom12'10" x 11'9"
- Bedroom12'10" x 11'9"
- Bedroom11'4" x 10'6"
- Kitchen17'7" x 10'2"
- Kitchen17'7" x 10'2"
- Kitchen17'7" x 10'2"
Basement
- Laundry14'5" x 10'2"
- Laundry14'5" x 10'2"
- Laundry14'5" x 10'2"
- Other10'3" x 10'
- Other10'3" x 10'
- Other10'3" x 10'
Listed by
Sotheby's International Realty Canada, Brokerage (Gravenhurst Unit 4)
Location
Mortgage Calculator
$115,800
Estimated Monthly Payment
$2,844
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,844/mo (20% down, 5.5%)
Taxes: $188/mo · Insurance: $145/mo
Estimates only. Consult a financial advisor.
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