Welcome to 23 Queen Street in the heart of Lindsay-an exceptional opportunity to acquire a turn-key, fully occupied detached fourplex offering an attractive 8% cap rate and approximately 2,600 sq. ft. of living space. Meticulously maintained inside and out, this impressive two-storey investment property features approximately 9-foot ceilings on the main floor, a welcoming front veranda, side deck and three parking spaces. The four units include a main-floor one-bedroom apartment with a 3-piece bathroom, approximately 600 sq. ft.; an upper-level two-bedroom apartment with a loft and 4-piece bathroom, approximately 1,100 sq. ft.; a rear one-bedroom apartment overlooking the neighbouring parkette with a 3-piece bathroom, approximately 440 sq. ft.; and a lower-level two-bedroom apartment with a 3-piece bathroom, approximately 456 sq. ft. Each unit is equipped with a fridge and stove, while tenants provide their own air-conditioning units, helping reduce the landlord's maintenance responsibilities. Individual waste and recycling bins are also allocated to each unit for added convenience. Fully occupied by excellent tenants, with annual fire inspections completed and the property maintained to current standards, this is an ideal addition to any investment portfolio. It also offers an excellent owner-occupancy opportunity, allowing a purchaser to live in one unit while rental income from the remaining units helps offset housing expenses. Conveniently situated adjacent to a park for added privacy and quiet enjoyment, just three blocks from vibrant downtown Lindsay and close to shops, restaurants, schools, groceries, Ross Memorial Hospital, riverfront walking paths and the year-round Victoria Rail Trail. Minutes from Sturgeon Lake, Ken Reid Conservation Area and major routes connecting to Peterborough, Durham, York Region and the GTA.
Address
23 Queen Street
List Price
$759,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Kawartha Lakes
Sub-Area
Lindsay
Lot Size Source
GeoWarehouse
Lot Depth
87.13
Lot Shape
Rectangular
Lot Type
Lot
Lot Size Units
Feet
Lot Width
40.09
Parcel Number
632290256
Total Building Area
2600
Occupant Type
Tenant
Cross Street
Lindsay St N/Queen St
MLS® Number
X13556496
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Postal Code
K9V 1G1
Posession Details
Flexible
Tax Amount
$3,849.00
Tax Year
2026
Site Influences
Public Transit, Recreation/Community Centre
Community Features
Public Transit, Recreation/Community Centre
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Radiant
Cooling Features
Yes
Garage Type
None
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