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16 St David Street, Lindsay

Price

$899,900

Bedrooms6 Beds

Bathrooms3 Baths

Size2500-3000 sqft

Year BuiltNot listed

Property TypeHouse

Property Taxes$3183

Maintenance FeesNot listed

Description

Great Investment Opportunity in Lindsay. Legal Triplex that is well maintained and has been recently renovated inside and out, making this a turn key income generator. Three units all above grade with ample parking for 6 vehicles. Unit 1: 3 beds, 1 bath with space for potential additional bath or private laundry area. Unit 2: 2 beds, 1 bath (recently renovated) with balcony access and private laundry space. Unit 3: 1 bed, 1 bath (recently renovated) with private laundry area. All units are separately metered for both electric and gas. Extensive exterior renovation completed including new siding and roof (2017). Lindsay is an ideal investment location as it is a growing community in the Kawartha Lakes with a regional hospital, public transportation, college, many schools, shopping, all amenities and is very close to cottage country. Come take a look.

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$3,499 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$719,920

Total Interest Payments

$443,875

Total Payment (Principal + Interest)

$1,163,795

Determine Your Profits After Selling Your Home

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Jess Whitehead

Meet Jess Whitehead

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

Let's Find Your Dream Home Together