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$579,900
Available - For Sale
Listing ID: X14109296
42 Wellington Street , Kawartha Lakes, K9V 3N3, Kawartha Lakes


Centrally located legal non-conforming brick triplex generating $5,140/month in gross rental income, situated on a generous 50 x 200 ft lot with excellent future potential. This income-producing property offers approximately 2,300 sq ft of living space across three residential units, three separate hydro meters, ample parking, and two additional rented detached structures providing supplementary rental income.The unit mix includes an upper-level 2-bed, 1-bath apartment ($1,235/month); a main-floor 2-bed, 1-bath apartment ($1,219/month); and an updated main-floor 1-bed, 1-bath apartment ($1,786/month). Additional rental income comes from a detached brick double tandem garage, currently leased at $500/month, and a separate two-storey barn, leased at $400/month. An unfinished basement provides free shared laundry for tenants along with additional storage space.Set on a substantial 200-foot-deep lot with plenty of parking, just steps from downtown Lindsay, Kent Street shopping and dining, the new Foundry development, and everyday amenities. An excellent investment opportunity with strong existing rental income, multiple income streams, and a large lot in a convenient central location.
Price $579,900
Taxes: $3895.20
Occupancy: Tenant
Address: 42 Wellington Street , Kawartha Lakes, K9V 3N3, Kawartha Lakes
Directions/Cross Streets: Cambridge St N / Wellington St
Rooms: 20
Bedrooms: 5
Bedrooms +: 0
Family Room: F
Basement: Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Bathroom 7.61 4.49 4 Pc Bath
Room 2 Main Dining Ro 7.08 6.72 Combined w/Kitchen, Vinyl Floor, Updated
Room 3 Main Bedroom 10.99 9.32 Vinyl Floor, Above Grade Window, Closet
Room 4 Main Bedroom 7.68 10.27 Above Grade Window, Carpet Free, Closet
Room 5 Main Foyer 6.3 8.07 W/O To Porch, Carpet Free, Wood Trim
Room 6 Main Kitchen 11.22 7.84 Combined w/Dining, Carpet Free, Vinyl Floor
Room 7 Main Kitchen 13.28 11.15 Combined w/Dining, Carpet Free, Vinyl Floor
Room 8 Main Living Ro 13.28 14.6 Above Grade Window, Carpet Free, Wood Trim
Room 9 Main Living Ro 13.28 11.68 Above Grade Window, Carpet Free, Combined w/Kitchen
Room 10 Main Primary B 8.79 12.92 Above Grade Window, Carpet Free, Closet
Room 11 Second Bathroom 9.25 8.1 3 Pc Bath, Carpet Free, Above Grade Window
Room 12 Second Bedroom 13.45 10.04 Above Grade Window, Wood Trim, Closet
Room 13 Second Bedroom 13.42 9.91 Above Grade Window, Wood Trim, Closet
Room 14 Second Family Ro 13.32 14.6 Above Grade Window, Wood Trim, Closet
Room 15 Second Kitchen 6.33 11.97 Carpet Free, Above Grade Window
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 4 Main
Washroom Type 3 4 Second
Washroom Type 4 4 Main
Washroom Type 5 0
Washroom Type 6 4 Main
Washroom Type 7 4 Main
Washroom Type 8 4 Second
Washroom Type 9 4 Main
Washroom Type 10 0
Washroom Type 11 4 Main
Washroom Type 12 4 Main
Washroom Type 13 4 Second
Washroom Type 14 4 Main
Washroom Type 15 0
Washroom Type 16 4 Main
Washroom Type 17 4 Main
Washroom Type 18 4 Second
Washroom Type 19 4 Main
Washroom Type 20 0
Total Area: 0.00
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Garage Type: Detached
(Parking/)Drive: Available
Drive Parking Spaces: 4
Park #1
Parking Type: Available
Park #2
Parking Type: Available
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: Wall Unit(s
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
12800611
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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At a Glance:
Type: Freehold - Multiplex
Area: Kawartha Lakes
Municipality: Kawartha Lakes
Neighbourhood: Lindsay
Style: 2-Storey
Lot Size: x 200.50(Feet)
Approximate Age:
Tax: $3,895.2
Maintenance Fee: $0
Beds: 5
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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