For Sale - 33 MELBOURNE Street, Kawartha Lakes, Ontario

Est payment $2,881/mo
Views   1
Time on Jump  6 day
  • Legal 4-plex with strong rental income potential of $5,032/month.
  • Located on a large 80 x 188 ft lot with future development possibilities.
  • Offers spacious 3,300 sq ft of living space with original character.
  • Double detached garage with additional rental income potential and parking for six.
  • Convenient access to downtown shopping, dining, and amenities within walking distance.



Centrally located legal non-conforming brick 4-plex with potential gross rental income of $5,032/month, situated on a massive 80 x 188 ft potential double lot with excellent future potential. This charming 1. 5-storey property offers approximately 3,300 sq ft of living space, plenty of original character, a double detached garage, parking for up to six vehicles, and additional basement storage. The unit mix includes a main-floor 1-bed, 1-bath apartment ($1,075/month); a spacious 4-bed, 1. 5-bath apartment spanning the main and second floors ($2,095/month + 30% utilities); a lower-level 1-bed with kitchen ($862/month); and a lower-level bachelor with kitchen ($700/month). The two lower-level units share a bathroom. The vacant double detached garage offers estimated rental income of $300/month. All tenants have access to free shared laundry in the basement, along with additional storage space. Updates include roof (2019), windows (2020), two furnaces (one updated 2019), and a 200-amp breaker panel. Set along mature tree-lined melbourne street, just steps from downtown lindsay and kent street shopping, dining, and everyday amenities. An excellent income-producing property with a strong existing rent roll, substantial lot size, and future potential.
Listing IDX14089814
Address33 MELBOURNE Street
CityKawartha Lakes, Ontario
Price$599,900
Bed / Bath7 / 4 Full
Style1 1/2 Storey, Fourplex
ConstructionBrick
TypeMulti-Family
StatusFor Sale
Subtype FourplexIndoor Features Carpet FreeOwnership FreeholdWaterfront NoneBasement Full, Partially FinishedFoundation BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 6.00
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