42 WELLINGTON STREET, Kawartha Lakes (Lindsay)
$579,900
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 5 bedrooms, 4 bathrooms
- Living area
- 2,500 sqft
- MLS®
- MLS® X14109296
- Neighbourhood
- Lindsay
Centrally located legal non-conforming brick triplex generating $5,140/month in gross rental income, situated on a generous 50 x 200 ft lot with excellent future potential. This income-producing property offers approximately 2,300 sq ft of living space across three residential units, three separate hydro meters, ample parking, and two additional rented detached structures providing supplementary rental income.The unit mix includes an upper-level 2-bed, 1-bath apartment ($1,235/month); a main-floor 2-bed, 1-bath apartment ($1,219/month); and an updated main-floor 1-bed, 1-bath apartment ($1,786/month). Additional rental income comes from a detached brick double tandem garage, currently leased at $500/month, and a separate two-storey barn, leased at $400/month. An unfinished basement provides free shared laundry for tenants along with additional storage space.Set on a substantial 200-foot-deep lot with plenty of parking, just steps from downtown Lindsay, Kent Street shopping and dining, the new Foundry development, and everyday amenities. An excellent investment opportunity with strong existing rental income, multiple income streams, and a large lot in a convenient central location.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 71 days.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
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