87 Durham Street, Lindsay
Price
$449,999
Bedrooms8 Beds
Bathrooms3 Baths
Size1500-2000 sqft
Year Built100+
Property TypeHouse
Property Taxes$2976.1
Maintenance FeesNot listed
Description
**VACANT POSSESSION AVAILABLE MAY 15TH** Investment Opportunity Near Fleming College! Just minutes from campus in Lindsay - only a 2-minute drive or under a 15-minute walk - this 8-bedroom home has proven to be a reliable income generator. Fully rented, by the room, every school year for the past 15years. Full this year too! The home is divided into two self-contained sections, each with its own kitchen and private entrance. The front 2-storey layout offers 5 bedrooms and 2 bathrooms, while the rear addition provides 3 bedrooms and 1 bathroom. This versatile setup is ideal for student housing, or even has potential for a spacious in-law/granny suite arrangement. Natural gas heating. Private driveway with parking for 2 vehicles. Turnkey investment opportunity with a strong rental history & solid cash flow potential. Plan for your future, act now!
Property Dimensions
Main Level
Bedroom
Dimensions
3.45' × 2.34'
Features
Bedroom
Dimensions
3.2' × 2.36'
Features
Kitchen
Dimensions
2.79' × 2.64'
Features
Kitchen
Dimensions
4.01' × 3.25'
Features
Living Room
Dimensions
5.31' × 2.68'
Features
Living Room
Dimensions
2.97' × 2.54'
Features
Bedroom
Dimensions
3.2' × 3.15'
Features
Bedroom
Dimensions
2.69' × 2.39'
Features
Second Level
Bedroom
Dimensions
3.1' × 2.97'
Features
Bedroom
Dimensions
5.21' × 3.2'
Features
Bedroom
Dimensions
2.51' × 2.26'
Features
All Rooms
Living Room
Dimensions
5.31' × 2.68'
Features
Living Room
Dimensions
2.97' × 2.54'
Features
Kitchen
Dimensions
2.79' × 2.64'
Features
Kitchen
Dimensions
4.01' × 3.25'
Features
Bedroom
Dimensions
3.45' × 2.34'
Features
Bedroom
Dimensions
3.2' × 2.36'
Features
Bedroom
Dimensions
3.1' × 2.97'
Features
Bedroom
Dimensions
5.21' × 3.2'
Features
Bedroom
Dimensions
2.51' × 2.26'
Features
Bedroom
Dimensions
3.2' × 3.15'
Features
Bedroom
Dimensions
2.69' × 2.39'
Features
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The Property Location
Mortgage Calculator
Total Monthly Payment
$1,865 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$360,000
Total Interest Payments
$221,962
Total Payment (Principal + Interest)
$581,961
Determine Your Profits After Selling Your Home
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Jess Whitehead
Sales Representative
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.
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