Your rare opportunity to purchase a side-by-side proftable investment property in Central Lindsay. This Large semi-detached brick home is over1800 sq ft above grade, with 2 separate units currently tenanted by students on term leases by room. This home features 5 sizable bedrooms allwith windows, 2 kitchens and 2 large shared living spaces above grade. Huge 36 x 173 lot, large covered porch, private driveway for 4 carparking, and a massive backyard with a large deck off the main floor & shed for storage. There's even a second floor balcony! Upper unit - 2bedroom unit with kitchen and wonderful 3rd storey loft living space. Lower unit - 3 bedroom unit with kitchen & living space. Gross annual incomeis approx $40,200. Minutes to downtown, church, restaurants and only a 10 minute walk to Fleming College where the students attend. One of theoldest and best-ranked colleges for applied arts & technology in Canada, there is tons of demand for student housing near the college withconsistently filled rooms. Upgrades include: new sensors for furnaces to improve heating efficiency & costs, most apartments have been repainted, 2 new windows, porch recently painted.
Includes appliances & misc. furniture - see schedule D for inclusions/exclusions. HWT rental ($40/month). Contact listing agent for lease term information
