Investment Opportunity Near Fleming College! Just minutes from campus in Lindsay - only a 2-minute drive or under a 15-minute walk - this 8-bedroom home has proven to be a reliable income generator. Fully rented, by the room, every school year for the past 15 years. Full this year too! The home is divided into two self-contained sections, each with its own kitchen and private entrance. The front 2-storey layout offers 5 bedrooms and 2 bathrooms, while the rear addition provides 3 bedrooms and 1 bathroom. This versatile setup is ideal for student housing, or even has potential for a spacious in-law/granny suite arrangement. Natural gas heating. Private driveway with parking for 2 vehicles. Turnkey investment opportunity with a strong rental history & solid cash flow potential. Plan for your future, act now!
Address
87 Durham Street W
List Price
$449,999
MLS® Status
New
Expiration Date
2025-12-20
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
2-Storey
Transaction Type
Sale
Area
Kawartha Lakes
Sub-Area
Lindsay
Bedrooms
8
Bedrooms (Total)
8
Rooms Above Grade
15
Bathrooms
3
Floor Area
1500-2000 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
99.68
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
35
Parcel Number
632350015
Occupant Type
Tenant
Cross Street
Albert S/Durham W
MLS® Number
X12433049
Listing Brokerage
ROYAL LEPAGE FRANK REAL ESTATE
Basement Area
Unfinished
Postal Code
K9V 2P8
Posession Details
IMMEDIATE IF ASSUMING TENANTS
Parking
Private
Parking Places (Total)
2
Parking Spaces
2
Tax Amount
$2,976.10
Tax Year
2025
Site Influences
Golf, Hospital, Library, Public Transit, Rec./Commun.Centre, School, Year Round Living
Exterior Features
Year Round Living
Interior Features
In-Law Capability
Property Features
Golf, Hospital, Library, Public Transit, Rec./Commun.Centre, School
Cable
Available
Central Vacuum
No
Family Room
No
Hydro
Yes
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Central Lakes Association of REALTORS
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Brick
Direction Faces
South
Fireplace
No
Foundation Details
Stone
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
2
Pool Features
None
Roof
Asphalt Shingle, Metal
Tax Legal Description
PT LT 7-8 PL 140 AS IN R390443; KAWARTHA LAKES
Security Features
Carbon Monoxide Detectors, Smoke Detector
Waterfront
No
Waterfront
None
Sewer
Sewer
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