36 Lindsay St S
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36 Lindsay St S
9 Unit Apartment Building $2,321,037 USD ($257,893 USD/Unit) 6.50% 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, complemented by a main floor commercial space that is currently running as a Restaurant/Pub, 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
| Price | $2,321,037 USD | Apartment Style | Low Rise |
| Price Per Unit | $257,893 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.23 AC |
| Cap Rate | 6.50% | Building Size | 6,021 SF |
| No. Units | 9 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment |
| Price | $2,321,037 USD |
| Price Per Unit | $257,893 USD |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 6,021 SF |
| No. Stories | 3 |
| Year Built | 2024 |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 9 | - | - |
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Walk Score ®
Walker's Paradise (96)
Bike Score ®
Very Bikeable (79)
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36 Lindsay St S
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