70 Wellington Street, Kawartha Lakes, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Lindsay. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $899,000 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.
- 3 Bedrooms and 0 Bathrooms
- Premium 56.37 x 135.35 ft lot size
- equipped with no central cooling and highly efficient gas forced air open heating via other
Description
Solid 6-plex investment. Pride of ownership evident throughout...This building has been consistently upgraded and meticulously maintained. Located in an excellent neighbourhood, close to downtown and within walking distance to all amenities. The property holds 3 x 2 bedroom apartments and 3 x 1 bedroom apartments. Long list of upgrades includes shingles 2021, tree and stump removal, asphalt paving, parging 2022, coin operated washer 2024, and a wide array of landscaping. Very turnkey, multi residential property with a strong track record and CAP rate to satisfy the knowledgeable investor.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 70 Wellington Street, Kawartha Lakes, ON K9V 3N7
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 $899,000 in Kawartha Lakes, the legal minimum down payment is $64,900 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 $14,455 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 $14,455.
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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.