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    For Sale - 23 Queen Street, Kawartha Lakes, Ontario

    Est payment $3,645/mo
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    Views   7
    Time on Jump  72 day

    AI Summary *

    • Fully occupied fourplex with a strong 8% cap rate for investors.
    • Approximately 2,600 sq. ft. of living space over two stories.
    • Variety of unit sizes, great for different tenant needs and preferences.
    • Conveniently located near downtown, parks, and local amenities.
    • Perfect for owner-occupancy while earning rental income from other units.




    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.
    Listing IDX13556418
    Address23 Queen Street
    CityKawartha Lakes, Ontario
    Price$759,000
    Bed / Bath7 / 4 Full
    Style2 1/2 Storey, Fourplex
    ConstructionBrick, Stone
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features NoneOutdoor Features PorchOwnership FreeholdViews Park/GreenbeltBasement Apartment, Finished, Separate Entrance, Walk-UpFoundation StoneHeating / Cooling RadiantHeating Fuel GasSewer Sewer

    Parking 3.00
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    Listing Agency:  CENTURY 21 LEADING EDGE REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    23 Queen Street
    Kawartha Lakes , Ontario
    7 4 $759,000
    Get more info