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CAONLindsay42 Wellington St
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42 Wellington St, Lindsay, ON

House

For Sale

$X
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548

MLS® X14109296

Overview

Key Facts

Type 
Levels Residential Income
Size -
Garage Yes
Taxes $3,895
Days Active 2
Lot Size 
Approx. Age 
MLS® Number X14109296

Property Address: 42 Wellington St, Lindsay, ON, K9V3N3

Average square foot calculated using Size range provided by listing agent.

Description

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. (id:58753)Show Description
MLS® NumberX14109296
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementUnfinished, N/A
DrivewayDetached Garage, Garage
Garage Spaces
HeatRadiant heat, Natural gas
A/CWall unit

Extras

Rooms

Show Details
Family Room:Second Floor4.45 × 4.06 ft
Dining Room:Main Floor2.05 × 2.16 ft
Kitchen:Main Floor3.4 × 4.05 ft
Master Bedroom:Main Floor3.94 × 2.68 ft
Bathroom 1:Second Floor2.47 × 2.82 ft
Other:Main Floor2.46 × 1.92 ft
Bedroom 1:Main Floor3.13 × 2.34 ft
Other:Basement5.93 × 7.9 ft
Other:Basement4.69 × 3.23 ft
Living Room:Main Floor3.56 × 4.05 ft
How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $579,000 and $581,000.
Similar properties in this area sold on average for: $579,300
Expected to sell in 39 days. Similar properties sold in 41 days. This home has been on Zoocasa for 2 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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