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82 DURHAM Street

82 DURHAM Street

Kawartha Lakes, ON

  • 5 bed
  • 2 bath
  • 2,467 sqft
  • Semi-Detached
  • 53 days on market
$519,000Price reduced 10%

Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay, with gross annual income of approx. $40,200 (6.02 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 5 sizable bedrooms all with windows, 2 kitchens and 2 large shared living spaces above grade. Huge 36 x 173 lot, large covered porch, private driveway for 4 car parking, and a massive backyard with a large deck off the main floor & shed for storage. There's even a second floor balcony! Upper unit - 2 bedroom unit with kitchen and wonderful 3rd storey loft living space. Lower unit - 3 bedroom unit with kitchen & living space. Gross annual income is approx $40,200. Minutes to downtown, church, restaurants and only a 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: new sensors for furnaces to improve heating efficiency & costs, most apartments have been repainted, 2 new windows, porch recently painted.

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Listing Details

Taxes (2023)
$2,642
Originally Listed
$575,000
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
Unknown
Lot Size
36.24 x 173.63 Feet

Parking

Garage
Unknown
Covered Spaces
0
Total Parking
4

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
632270178
Possession
Flexible
Occupancy
Tenant

Included

Inclusions
Includes appliances & misc. furniture - see schedule D for inclusions/exclusions., Other
Exclusions
All tenant belongings and 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
$615,000
Homes sold
1,263
Median days on market
35
Sale-to-list price
95.9%

Based on 1,263 recorded sales of residential freehold properties in Kawartha Lakes over the last 12 months.

Rooms

4-piece on Basement, 4-piece on Second

Third

  • Living Room27'11" x 20'2"
  • Living Room27'11" x 20'2"
  • Living Room27'11" x 20'2"

Second

  • Bathroom9'9" x 5'6"
  • Bathroom9'9" x 5'6"
  • Bathroom9'9" x 5'6"
  • Bedroom12'3" x 10'1"
  • Bedroom12'3" x 10'4"
  • Bedroom12'3" x 10'1"
  • Bedroom12'3" x 10'4"
  • Bedroom12'3" x 10'1"
  • Bedroom12'3" x 10'4"

Main

  • Bedroom12'7" x 11'2"
  • Bedroom12'7" x 11'2"
  • Bedroom12'7" x 11'2"
  • Kitchen11'6" x 11'10"
  • Kitchen13'7" x 10'3"
  • Kitchen11'6" x 11'10"
  • Kitchen13'7" x 10'3"
  • Kitchen11'6" x 11'10"
  • Kitchen13'7" x 10'3"
  • Living Room15'1" x 9'11"
  • Living Room15'1" x 9'11"
  • Living Room15'1" x 9'11"

Basement

  • Bathroom7'7" x 5'4"
  • Bathroom7'7" x 5'4"
  • Bathroom7'7" x 5'4"
  • Bedroom14'5" x 9'8"
  • Bedroom13'1" x 10'2"
  • Bedroom14'5" x 9'8"
  • Bedroom13'1" x 10'2"
  • Bedroom14'5" x 9'8"
  • Bedroom13'1" x 10'2"

Listed by

Sotheby's International Realty Canada, Brokerage (Gravenhurst Unit 4)

Walk Score

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Mortgage Calculator

$103,800

Estimated Monthly Payment

$2,550

Land transfer tax

Estimated land transfer tax$6,855

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,550/mo (20% down, 5.5%)

Taxes: $220/mo · Insurance: $130/mo

Estimates only. Consult a financial advisor.

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