$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 |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Kawartha Lakes |
| Municipality: | Kawartha Lakes |
| Neighbourhood: | Lindsay |
| Style: | 2-Storey |
| Tax: | $3,895.2 |
| Beds: | 5 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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