36 Lindsay St S - Apartments FOR SALE


Kawartha Lakes, ON K9V 2L8
$3,290,000 CAD
249-703-5198
36 Lindsay St S, Kawartha Lakes, ON for Sale
$3,290,000 CAD
Apartments - FOR SALE
1/22
null | 6.29% Cap Rate

36 Lindsay St S
Kawartha Lakes, ON K9V 2L8


HIGHLIGHTS

  • Access to Transit
  • Newly Renovated
  • Natural Light

OVERVIEW

An extraordinary opportunity awaits you in the heart of downtown Lindsay-the chance to own an investment property w/ a remarkable return. This commercial property has a complete renovation, transforming it into a haven of 9 studio apartments(3 Leased), complemented by a main floor commercial space that is currently running as a Restaurant/Pub(Leased), boasting a seating capacity of 100 indoors & 40 seats outdoors. This building has been completely renovated to the highest bldg code standards. All new interior structural floors, walls, ceilings, stairs, along w/new spray foam insulation on exterior walls & ceilings. Brand new apartment designs built w/ strict fire code regulations incl. safe & sound insulation & drywall. Completely new wiring w/ upgraded transformer to accommodate 400amp service separately divided from main floor & the 9 apartments above. New plumbing incl. two new hot water tanks to service the 9 apartments w/ a third water tank servicing the main floor space.Incl.13 designated parking spots **** EXTRAS **** Property tax not assessed yet as building is under renovation.

FOR SALE DETAILS

PRICE

$3,290,000 CAD

PRICE/SF

$546 CAD /SF

# OF UNITS

9

PRICE/UNIT

$365,556

CAP RATE

6.29%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

9,855 SF

ZONING

-

APN/PARCEL ID

165104000325900

ASK ABOUT THIS PROPERTY

Yan LiuSuperstars Realty Ltd.More Info
249-703-5198

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Yan LiuSuperstars Realty Ltd.More Info
249-703-5198

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.