111 King St W

FOR SALE
$1,099,000
Sold
$1,036,044
111 King St W, Kawartha Lakes
111 King St W
111 King St W
111 King St W
111 King St W
111 King St W
111 King St W
111 King St W
111 King St W
111 King St W
6
BEDROOMS
6
BATHROOMS
6
KITCHENS
20
ROOMS
X5341192
MLSID
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Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-08-16 2022-02-07 179 $1,099,000 $1,036,044 Sold
Property Description
6 Plex: Prestigious Area Of Bobcaygeon. Legal Non-Conforming 6 Plex Situated On A 62 X166' Lot On The South Side Of Bobcaygeon. Two - 2 Bedroom Units And Four - 1 Bdrm Units All Fully Rented With Aa Tenants. Beautiful Lake Views And Close To All Amenities. Individual Meters For Each Unit Plus Landlord Meter For Basement & Common Areas. Calling All Investors!
Extras
Pt Lt 8-9 Range 2 Pl 11 Verulam; Pt Burying Grounds Pl 11 Verulam Pt 2, 57R6851; S/T R185441 City Of Kawartha Lakes Hot Water Tank Is Owned.
Property Details
Street
Community
Property Type
Multiplex, Other
Lot Size
62' x 166'
Acreage
< .50
Lot Irregularities
Lot Size From Geowarehouse - Irreg
Fronting
South
Taxes
$3,574 (2021)
Basement
Full, Unfinished
Exterior
Other, Stucco/Plaster
Heat Type
Baseboard
Heat Source
Other
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
None
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BATHS
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Turnkey 5 PLEX apartment building in the up and coming Town of Lindsay! This beautiful and money making property is a legal non-confirming 5-plex nicely situated on a 62 x 173' lot located in South Lindsay. Tenants love the location because it is walking distance to downtown and all the amenities one could desire! Nestled into a mature residential neighbourhood filled with stunning homes and unique architecture. The property boasts 3 one bedroom apartments, 1 two bedroom Apartment and 1 bachelor apt. All units are fully rented with great tenants. With strong rents and low operating costs this property runs itself and makes you money! The full basement offers plenty of room for storage and potential to add future value to the building! The backyard is massive and could be an opportunity to expand the building and add more rental suites in the future! Newer high efficiency boiler (2019). If you're looking to add a turnkey property to your investment portfolio, this is it!
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