32 E St George Street, Kawartha Lakes, ON K9V 1W5
Kawartha Lakes, ON, K9V 1W5 · Lindsay
About this property
Attention investors! Here's an excellent opportunity to add a fully occupied income property to your portfolio. This solid brick semi-detached home features two self-contained 2-bedroom units and offers an attractive cap rate of about 7%, making it a compelling investment in today's market.The upper unit features a bright and comfortable layout with sliding doors leading to a private deck overlooking the fenced backyard, while the lower unit offers a cozy and functional living space that tenants are proud to call home. Both units are well maintained, heated with natural gas, and currently occupied by established tenants, providing immediate rental income. Situated in a quiet location close to the waterfront, parks, and local amenities, this property offers the lifestyle and convenience tenants are seeking. Ample on-site parking further enhances its appeal. Current rental income totals $3,850 per month, with the upper unit generating $2,000/month and the lower unit generating $1,850/month. Whether you're a seasoned investor or looking to acquire your first income property, this turnkey opportunity offers stable cash flow and long-term potential in a desirable location.
Features & Amenities
- Basement: Separate Entrance, Apartment
- Garage: Detached
- Cooling: Window Unit(s)
- Heat Type: Forced Air
- Heat Source: Gas
- Style: Bungalow-Raised
- Construction: Brick, Aluminum Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Semi-Detached |
| Architectural Style | Bungalow-Raised |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Basement | Separate Entrance, Apartment |
| Garage | Detached |
| Parking Spaces | 4 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Window Unit(s) |
| Sewer | Sewer |
| Annual Tax | $3,049 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Accessory Apartment, Carpet Free, In-Law Capability, Primary Bedroom - Main Floor, Water Heater
Exterior Features
- Exterior Features
- Controlled Entry, Year Round Living
- Other Structures
- Garden Shed
- Pool Features
- None
Building & Construction
- Architectural Style
- Bungalow-Raised
- Construction Materials
- Brick, Aluminum Siding
- Foundation Details
- Concrete
- Roof
- Asphalt Shingle
- Basement
- Separate Entrance, Apartment
- Approximate Age
- 31-50
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Window Unit(s)
Parking & Garage
- Garage Type
- Detached
- Parking Spaces
- 4
- Parking Total
- 4.00
- Parking Features
- Private Double
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 96.84
- Lot Width
- 31.00
Community & Neighborhood
- Property Features
- Cul de Sac/Dead End, Park, Rec./Commun.Centre
Financial & Tax
- Tax Annual Amount
- $3,049
- Tax Year
- 2026
- Possession Type
- Flexible
- Possession Details
- Immed. if assuming tenants
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 5
- Rooms Below Grade
- 5
- Kitchens Above Grade
- 1
- Kitchens Total
- 2
- Bedrooms Above Grade
- 2
- Bedrooms Below Grade
- 2
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Kawartha Lakes
- Cross Street
- Durham St., E/ Wolfe & George
- Directions
- Durham St E to Wolfe St
- Special Designation
- Unknown
- Showing Requirements
- List Salesperson
Location
32 E St George Street, Kawartha Lakes, ON K9V 1W5, Kawartha Lakes, ON, K9V 1W5