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Jeanne Stephenson

hello.jeannestephenson@gmail.com +1(416) 843-8934

$ 759,000

Est. payment | -/mo

4 Beds

4 Baths

Save

$ 759,000

Est. payment | -/mo

Save

4 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Lindsay

MLS Listing ID X14148840

Style 2 1/2 Storey

Bedrooms 4

Annual Tax Amount $3,849

Tax Year 2026

Property Sub-Type Fourplex

Property Description

Welcome to 23 Queen Street in the heart of Lindsay-an exceptional opportunity to acquire a turn-key, fully occupied detached fourplex offering an attractive 8% cap rate and approximately 2,600 sq. ft. of living space. Meticulously maintained inside and out, this impressive two-storey investment property features approximately 9-foot ceilings on the main floor, a welcoming front veranda, side deck and three parking spaces. The four units include a main-floor one-bedroom apartment with a 3-piece bathroom, approximately 600 sq. ft.; an upper-level two-bedroom apartment with a loft and 4-piece bathroom, approximately 1,100 sq. ft.; a rear one-bedroom apartment overlooking the neighbouring parkette with a 3-piece bathroom, approximately 440 sq. ft.; and a lower-level two-bedroom apartment with a 3-piece bathroom, approximately 456 sq. ft. Each unit is equipped with a fridge and stove, while tenants provide their own air-conditioning units, helping reduce the landlord's maintenance responsibilities. Individual waste and recycling bins are also allocated to each unit for added convenience. Fully occupied by excellent tenants, with annual fire inspections completed and the property maintained to current standards, this is an ideal addition to any investment portfolio. It also offers an excellent owner-occupancy opportunity, allowing a purchaser to live in one unit while rental income from the remaining units helps offset housing expenses. Conveniently situated adjacent to a park for added privacy and quiet enjoyment, just three blocks from vibrant downtown Lindsay and close to shops, restaurants, schools, groceries, Ross Memorial Hospital, riverfront walking paths and the year-round Victoria Rail Trail. Minutes from Sturgeon Lake, Ken Reid Conservation Area and major routes connecting to Peterborough, Durham, York Region and the GTA.

Location

Province ON

County Kawartha Lakes

Area Kawartha Lakes

Rooms

Family Room No

Basement Apartment, Finished, Separate Entrance, Walk-Up

Kitchen 4

Separate Den/Office 3

Interior

Interior Features None

Cooling Other

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Porch

Pool None

View Park/Greenbelt

Roof Type Asphalt Shingle

Lot Frontage 40.09

Lot Depth 87.13

Total Parking Spaces 3

Building

Foundation Stone

Others

Security Features Smoke Detector

ParcelsYN No

Listed by CENTURY 21 LEADING EDGE REALTY INC.

Schools and Properties Nearby

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+1(416) 843-8934

hello.jeannestephenson@gmail.com

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23 Queen ST Kawartha Lakes, ON K9V 1G1