33 MELBOURNE STREET W, Kawartha Lakes (Lindsay)

$599,900

For sale: Multiplex

Multiplex at 33 MELBOURNE STREET W, Kawartha Lakes (Lindsay)
Property type
Fourplex
Bedrooms / bathrooms
7 bedrooms, 4 bathrooms
Living area
2,500 sqft
MLS®
MLS® X14089814
Neighbourhood
Lindsay

Centrally located legal non-conforming brick 4-plex with potential gross rental income of $5,032/month, situated on a massive 80 x 188 ft potential double lot with excellent future potential. This charming 1.5-storey property offers approximately 3,300 sq ft of living space, plenty of original character, a double detached garage, parking for up to six vehicles, and additional basement storage.The unit mix includes a main-floor 1-bed, 1-bath apartment ($1,075/month); a spacious 4-bed, 1.5-bath apartment spanning the main and second floors ($2,095/month + 30% utilities); a lower-level 1-bed with kitchen ($862/month); and a lower-level bachelor with kitchen ($700/month). The two lower-level units share a bathroom. The vacant double detached garage offers estimated rental income of $300/month. All tenants have access to free shared laundry in the basement, along with additional storage space.Updates include roof (2019), windows (2020), two furnaces (one updated 2019), and a 200-amp breaker panel. Set along mature tree-lined Melbourne Street, just steps from downtown Lindsay and Kent Street shopping, dining, and everyday amenities. An excellent income-producing property with a strong existing rent roll, substantial lot size, and future potential.

Sold data

Homes in Lindsay — recent sold market

Homes in Lindsay took a median of 43 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 68, across 95 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 71 days.

The median sale price was $559,900.

Homes sold for about 3.3% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 33% of sellers reduced their price before finding a buyer.

Median days to sell
43
Median sale price
$559,900
Sale-to-list ratio
96.7%
Sold above asking
5%

Based on 95 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 33 MELBOURNE STREET W