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25 Mill Street
homes for sale · Kawartha Lakes · Lindsay
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$549,000

25 Mill Street

Lindsay, Kawartha Lakes · MLS® X13645780

859

House · Multi-family · 79 days on market

listed by Janet Di Bello, Royal LePage Frank Real Estate

realtor's description

ATTENTION INVESTORS! This solid FOUR-UNIT building offers an excellent opportunity to grow your portfolio, featuring one spacious 5-bedroom unit, two 1-bedroom units, and one bachelor unit. Situated on an oversized in-town lot surrounded by mature trees, the property offers a rare combination of strong income potential and an attractive setting. With separate hydro meters, updated windows, and SIGNIFICANT RENOVATIONS to the 5-bedroom unit, including a new kitchen, flooring and fresh paint. This property is well-positioned for strong rental income for experienced and new investors. OR, someone seeking to offset their living expenses. Unit 1 (one bedroom) is vacant, Unit 2 (one bedroom) is rented for $650/month inclusive, Unit 3 is vacant (5-bedroom, 2 bathroom), and Unit 4 (bachelor) is rented for $700/month inclusive, giving you the opportunity to select your own tenants for two of the four units. This property is currently zoned R3, and the existing 4 units are considered legal non-conforming.

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property details

type
House, Multi-family
bedrooms
8
bathrooms
5
parking
9
property tax
$5,603 / yr
days on market
79
MLS®
X13645780

monthly cost

$2,859/mo
Mortgage $2,392 · Tax $467

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$2,392/ monthly
loan $439,200
25-year amortization
total interest
$278,382
cash to close
$109,800
down payment; transfer tax and fees not included
total paid
$717,582

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Janet Di Bello
Royal LePage Frank Real Estate
call Janet · 705-341-5838
Powered by: REALTOR.ca
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location

Lindsay, Kawartha LakesGoogle Maps ↗

location

Lindsay, Kawartha LakesGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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