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36 Lindsay St S 9 Unit Apartment Building $2,124,203 USD ($236,023 USD/Unit) 6.80% Cap Rate Kawartha Lakes, ON K9V 2L8



Investment Highlights
- Access to Transit
- Natural Light
- Newly Renovated
Executive Summary
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.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 9 | $1,176 USD | - |
1 1
Exceptionally walkable
90/100
Exceptionally drivable
90/100
Moderately bikeable
60/100
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36 Lindsay St S
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