41 Elgin St
Lindsay, Kawartha Lakes, K9V 3W4
FOR SALE
$675,000
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2 + 2
BEDROOMS2
BATHROOMS2
KITCHENS8
ROOMSX11963647
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Property Description
Detached home on a 56 x198 foot lot with 2 driveways, one on each side of the house! Perfect for investment or Live in! Two 2 bedroom units, both main and second floor and completely self contained! This Legal non-conforming Duplex in a beautiful quiet Lindsay neighborhood can be your live-in investment property, full rental duplex or converted back to a spacious 4 bedroom single family home! Both units rented at market value! See brokerage remarks for details.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-01 | 2024-11-15 | 14 | $698,000 | - | Terminated |
| 2020-11-19 | 2021-03-08 | 110 | $479,900 | $455,000 | Sold |
| 2020-11-19 | 2021-03-08 | 110 | $479,900 | $455,000 | Sold |
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Lot Size
56' x 198'
Fronting
South
Taxes
$3,960 (2024)
Basement
Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 4.99' x 14.99' | Laminate, Open Concept |
| Living | Main | 12.01' x 12.01' | Laminate, Open Concept |
| Br | 2nd | 8.01' x 10.01' | Broadloom |
| Br | 2nd | 8.01' x 8.01' | Broadloom |
| Living | Main | 16.01' x 12.99' | Vinyl Floor, Open Concept, Walk-Out |
| Br | 2nd | 12.01' x 11.65' | Laminate |
| Br | 2nd | 10.99' x 12.99' |
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Kawartha Lakes Market Statistics
Kawartha Lakes Price Trend
41 Elgin St is a 2-bedroom 2-bathroom home listed for sale at $675,000, which is $87,004 (11.4%) lower than the average sold price of $762,004 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Kawartha Lakes declined by $54,631 (6.7%) compared to the previous 30 day period (December 22 - January 20) and up $187,816 (32.7%) from the same time one year ago.Inventory Change
There were 33 2-bedroom homes listed in Kawartha Lakes over the last 30 days (January 21 - February 19), which is up 50.0% compared with the previous 30 day period (December 22 - January 20) and down 13.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Kawartha Lakes typically sold ($12,085) (1.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $21,379 increase compared to the previous 30 day period (December 22 - January 20) and ($19,164) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Kawartha Lakes over the last 30 days (January 21 - February 19) stood at 66.7%, up from 63.6% over the previous 30 days (December 22 - January 20) and up from 44.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Kawartha Lakes stood at 96 days when successfully sold over the last 30 days (January 21 - February 19), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Heritage Realty Ltd
Similar Listings
Turnkey Legal Two Unit = 13 Rosemary Dr. Lindsay A fantastic opportunity for first-time buyers, house hackers, and investors! This legal 2-unit property offers the perfect setup to live in one unit, while generating rental income from the other or add a low maintenance, cash flowing property to your portfolio. Featuring two spacious 2 - bedroom units, this property is move-in ready, with one unit fully renovated. The upper unit is already tenanted at market rent for $1891/m, providing immediate income. New shingles (2024) add to the property's long-term durability, and separate hydro meters are in place - just add a panel if you choose to split utilities. For those looking to expand, partial drawings for a laneway house are available, offering even more potential. A smart investment in a great location, don't miss out!
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