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$549,900
Available - For Sale
Listing ID: X13526098
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.
Price $549,900
Taxes: $3,049
Assessment Year: 2025
Occupancy by: Tenant
Address: 32 St George Street , Kawartha Lakes, K9V 1W5, Kawartha Lakes
Acreage: .50-1.99
Directions/Cross Streets: Durham St., E/ Wolfe & George
Rooms: 5
Rooms +: 5
Bedrooms: 2
Bedrooms +: 2
Washrooms: 2
Family Room: F
Basement: Separate Ent
Apartment
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Upper Living Ro 16.70 12.10
Room 2: Upper Bedroom 12.60 7.81
Room 3: Upper Bedroom 10.69 14.10
Room 4: Upper Kitchen 20.80 8.79
Room 5: Lower Living Ro 20.99 9.09
Room 6: Lower Laundry 9.38 9.81
Room 7: Lower Bedroom 10.69 12.69
Room 8: Lower Bedroom 9.51 12.99
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 Lower
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Main
Washroom 7:  4 Lower
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4 Main
Washroom 12:  4 Lower
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  4 Main
Washroom 17:  4 Lower
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  4 Main
Washroom 22:  4 Lower
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Property Type: Semi-Detached
Style: Bungalow-Raised
Exterior: Brick
Aluminum Siding
Garage Type: Detached
(Parking/)Drive: Private Do
Drive Parking Spaces: 4
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Other Structures: Garden Shed
Approximatly Age: 31-50
Approximatly Square Footage: 700-1100
Property Features: Cul de Sac/D
Park
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: Forced Air
Central Air Conditioning: Window Unit
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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Re/Max All-Stars Realty Inc.

32 St George Street , Kawartha Lakes, K9V 1W5, Kawartha Lakes

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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Type: Freehold - Semi-Detached
Area: Kawartha Lakes
Municipality: Kawartha Lakes
Neighbourhood: Lindsay
Style: Bungalow-Raised
Lot Size: x 96.84(Feet)
Approximate Age: 31-50
Tax: $3,049
Maintenance Fee: $0
Beds: 2+2
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949