32 ST GEORGE STREET
Kawartha Lakes (Lindsay), Ontario
MLS® X13526098
$549,900
- Status
- Active
- Property type
- House
- MLS® number
- X13526098
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- —
1 / 42Listing description
Attention investors! Here's an excellent opportunity to add a fully occupied income property to your portfolio. This solid brick semi-detached home features two self-contained 2-bedroom units and offers an attractive cap rate of about 7%, making it a compelling investment in today's market.
The upper unit features a bright and comfortable layout with sliding doors leading to a private deck overlooking the fenced backyard, while the lower unit offers a cozy and functional living space that tenants are proud to call home. Both units are well maintained, heated with natural gas, and currently occupied by established tenants, providing immediate rental income. Situated in a quiet location close to the waterfront, parks, and local amenities, this property offers the lifestyle and convenience tenants are seeking.
Ample on-site parking further enhances its appeal. Current rental income totals $3,850 per month, with the upper unit generating $2,000/month and the lower unit generating $1,850/month. Whether you're a seasoned investor or looking to acquire your first income property, this turnkey opportunity offers stable cash flow and long-term potential in a desirable location.
Property summary
- MLS® number
- X13526098
- Property type
- Single Family
- Building type
- House
- Title
- Freehold
- Land size
- 31 x 96.8 FT
- Annual property taxes
- $3,049.00
- Parking
- 4 spaces · Detached Garage, No Garage
- Days on market
- 84 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Window air conditioner
- Basement
- Apartment in basement, Separate entrance, N/A, N/A
- Appliances
- Water meter, Dryer, Two stoves, Two Washers, Water Heater, Two Refrigerators
- Exterior features
- Brick, Aluminum siding
- Lot features
- Cul-de-sac, Dry, Carpet Free
- Community features
- Community Centre
- Architectural style
- Raised bungalow
What would this home cost you?
Based on the $549,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Re/Max All-Stars Realty Inc., Lindsay.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.