42 Wellington Street, Kawartha Lakes, ON K9V 3N3
Kawartha Lakes, ON K9V 3N3
About this property
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.
Property facts & features
- Property type
- Multiplex
- MLS® number
- X14109296
- Source status
- New
- Bedrooms
- 5
- Bathrooms
- 4
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- K9V 3N3
- Parking spaces
- 8
- Garage
- Detached
- Lot depth (source units)
- 200.5
- Annual property tax
- 3895.2
- Basement
- Unfinished
- Laundry
- Not provided
- Interior features
- None
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $579,900
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Explore active properties in Kawartha Lakes →Listing brokerage: RIGHT AT HOME REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X14109296. Information deemed reliable but not guaranteed.