82 DURHAM St W
Lindsay, Kawartha Lakes, K9V 2P9
FOR SALE
$519,000
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3 + 2
BEDROOMS2
BATHROOMS2
KITCHENS8 + 3
ROOMSX10439253
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Property Description
Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay, with gross annual income of approx. $40,200 (6.02 Cap Rate). This Large semi-detached brick home is over 1800 sq ft above grade, with 2 separate units currently tenanted by students on term leases by room. This home features 5 sizable bedrooms all with windows, 2 kitchens and 2 large shared living spaces above grade. Huge 36 x 173 lot, large covered porch, private driveway for 4 car parking, and a massive backyard with a large deck off the main floor & shed for storage. There's even a second floor balcony! Upper unit - 2 bedroom unit with kitchen and wonderful 3rd storey loft living space. Lower unit - 3 bedroom unit with kitchen & living space. Gross annual income is approx $40,200. Minutes to downtown, church, restaurants and only a 10 minute walk to Fleming College where the students attend. One of the oldest and best-ranked colleges for applied arts & technology in Canada, there is tons of demand for student housing near the college with consistently filled rooms. Upgrades include: new sensors for furnaces to improve heating efficiency & costs, most apartments have been repainted, 2 new windows, porch recently painted.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2010-11-18 | 2011-03-31 | 134 | $148,900 | - | Expired |
2022-02-01 | 2022-02-09 | 8 | $395,000 | $600,000 | Sold |
2011-04-18 | 2011-09-02 | 138 | $142,900 | $137,000 | Sold |
2022-02-01 | 2022-02-08 | 7 | $395,000 | $600,000 | Sold |
2021-03-16 | 2021-03-21 | 5 | $359,900 | $385,000 | Sold |
2021-03-16 | 2021-03-21 | 5 | $359,900 | $385,000 | Sold |
Property Features
Hospital
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2 1/2 Storey
Lot Size
36' x 174'
Acreage
< .50
Taxes
$2,642 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Br | Bsmt | 9.68' x 14.40' | |
Br | Bsmt | 10.17' x 13.09' | |
Bathroom | Bsmt | 5.35' x 7.58' | |
Br | Main | 11.15' x 12.60' | French Doors |
Kitchen | Main | 10.24' x 13.58' | |
Living | Main | 9.91' x 15.09' | |
Kitchen | Main | 11.84' x 11.52' | |
Bathroom | 2nd | 5.51' x 9.74' | |
Br | 2nd | 10.07' x 12.24' | |
Br | 2nd | 10.33' x 12.24' | |
Living | 3rd | 20.18' x 27.92' |
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Kawartha Lakes Market Statistics
Kawartha Lakes Price Trend
82 DURHAM St W is a 3-bedroom 2-bathroom home listed for sale at $519,000, which is $111,153 (17.6%) lower than the average sold price of $630,153 in the last 30 days (November 18 - December 17). During the last 30 days the average sold price for a 3 bedroom home in Kawartha Lakes declined by $66,709 (9.6%) compared to the previous 30 day period (October 19 - November 17) and down $54,368 (7.9%) from the same time one year ago.Inventory Change
There were 58 3-bedroom homes listed in Kawartha Lakes over the last 30 days (November 18 - December 17), which is down 42.6% compared with the previous 30 day period (October 19 - November 17) and down 7.9% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Kawartha Lakes typically sold ($35,097) (5.6%) below asking price over the last 30 days (November 18 - December 17), which represents a $12,948 decrease compared to the previous 30 day period (October 19 - November 17) and ($24,129) less 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 3-bedroom homes in Kawartha Lakes over the last 30 days (November 18 - December 17) stood at 122.4%, up from 57.4% over the previous 30 days (October 19 - November 17) and down from 136.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Kawartha Lakes stood at 51 days when successfully sold over the last 30 days (November 18 - December 17), compared to 92 days before being removed from the market upon being suspended or terminated.Listing contracted with Sotheby's International Realty Canada, Brokerage (Gravenhurst Unit 4)
Similar Listings
Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay, with gross annual income of approx. $40,200 (6.02 Cap Rate). This Large semi-detached brick home is over 1800 sq ft above grade, with 2 separate units currently tenanted by students on term leases by room. This home features 5 sizable bedrooms all with windows, 2 kitchens and 2 large shared living spaces above grade. Huge 36 x 173 lot, large covered porch, private driveway for 4 car parking, and a massive backyard with a large deck off the main floor & shed for storage. There's even a second floor balcony! Upper unit - 2bedroom unit with kitchen and wonderful 3rd storey loft living space. Lower unit - 3 bedroom unit with kitchen & living space. Minutes to downtown, church, restaurants and only a 10 minute walk to Fleming College where the students attend. One of the oldest and best-ranked colleges for applied arts & technology in Canada, there is tons of demand for student housing near the college with consistently filled rooms. Upgrades include: new sensors for furnaces to improve heating efficiency & costs, most apartments have been repainted, 2 new windows, porch recently painted.
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