42 Wellington Street Kawartha Lakes, Ontario K9V 3N3
$579,900
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. (id:49269)
Property Details
| MLS® Number | X14109296 |
| Property Type | Multi-family |
| Community Name | Lindsay |
| Parking Space Total | 8 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick |
| Flooring Type | Vinyl |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 200 Ft ,6 In |
| Size Frontage | 50 Ft ,8 In |
| Size Irregular | 50.7 X 200.5 Ft |
| Size Total Text | 50.7 X 200.5 Ft |
| Zoning Description | R2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bathroom | 2.82 m | 2.47 m | 2.82 m x 2.47 m |
| Second Level | Bedroom | 4.1 m | 3.06 m | 4.1 m x 3.06 m |
| Second Level | Bedroom | 4.09 m | 3.02 m | 4.09 m x 3.02 m |
| Second Level | Family Room | 4.06 m | 4.45 m | 4.06 m x 4.45 m |
| Second Level | Kitchen | 1.93 m | 3.65 m | 1.93 m x 3.65 m |
| Second Level | Other | 1.07 m | 2.52 m | 1.07 m x 2.52 m |
| Basement | Cold Room | 3.23 m | 4.69 m | 3.23 m x 4.69 m |
| Basement | Other | 7.9 m | 5.93 m | 7.9 m x 5.93 m |
| Main Level | Dining Room | 2.16 m | 2.05 m | 2.16 m x 2.05 m |
| Main Level | Bedroom | 3.35 m | 2.84 m | 3.35 m x 2.84 m |
| Main Level | Bedroom | 2.34 m | 3.13 m | 2.34 m x 3.13 m |
| Main Level | Foyer | 1.92 m | 2.46 m | 1.92 m x 2.46 m |
| Main Level | Kitchen | 3.42 m | 2.39 m | 3.42 m x 2.39 m |
| Main Level | Kitchen | 4.05 m | 3.4 m | 4.05 m x 3.4 m |
| Main Level | Living Room | 4.05 m | 4.45 m | 4.05 m x 4.45 m |
| Main Level | Living Room | 4.05 m | 3.56 m | 4.05 m x 3.56 m |
| Main Level | Primary Bedroom | 2.68 m | 3.94 m | 2.68 m x 3.94 m |
https://www.realtor.ca/real-estate/30435664/42-wellington-street-kawartha-lakes-lindsay-lindsay
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October 23 2026 09:36:24
Toronto Regional Real Estate Board
Right At Home Realty