32 St George Street, Kawartha Lakes, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised semi-detached located in the coveted neighborhood of Lindsay. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $564,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 31 x 96.84 ft lot
- Features a separate entrance, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Accessory Apartment, Carpet Free, In-Law Capability
- equipped with window unit(s) central cooling and highly efficient forced air heating via gas
Description
Attention investors! Here's an excellent opportunity to add a fully occupied income property to your portfolio. This solid brick semi-detached home features two self-contained 2-bedroom units and offers an attractive cap rate of about 7%, making it a compelling investment in today's market.The upper unit features a bright and comfortable layout with sliding doors leading to a private deck overlooking the fenced backyard, while the lower unit offers a cozy and functional living space that tenants are proud to call home. Both units are well maintained, heated with natural gas, and currently occupied by established tenants, providing immediate rental income. Situated in a quiet location close to the waterfront, parks, and local amenities, this property offers the lifestyle and convenience tenants are seeking. Ample on-site parking further enhances its appeal. Current rental income totals $3,850 per month, with the upper unit generating $2,000/month and the lower unit generating $1,850/month. Whether you're a seasoned investor or looking to acquire your first income property, this turnkey opportunity offers stable cash flow and long-term potential in a desirable location.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Cul de Sac/Dead End, Park, Rec./Commun.Centre
Interior Features
Accessory Apartment, Carpet Free, In-Law Capability, Primary Bedroom - Main Floor, Water Heater
Security Features
None
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 32 E St George Street, Kawartha Lakes, ON K9V 1W5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kawartha Lakes, ON
For a property listed at $564,900 in Kawartha Lakes, the legal minimum down payment is $31,490 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,773 for this transaction. As this listing is in Kawartha Lakes (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,773.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.