28
$699,900 Sale
Listed 5 hours ago
9 Simcoe Street
· 5
· 5
· 8
· 2000-2500
Key Facts
Key facts for 9 Simcoe Street
Property Type
Apartment, Other
Parking
None 0 garage, 8 parking
MLS #
X14141386
Size
2000-2500 sqft
Basement
Unfinished,Full
Listed on
2026-11-02
Lot size
63 x 173.24
Tax
$4,957.80 /yr
Days on Market
1
Approximate Age
-
Maintenance Fee
-
Description
An exceptional opportunity to own a fully tenanted, five-unit residential investment property in the heart of Lindsay! Situated on an expansive 62' x 173' lot in the desirable South Ward, this legal non-conforming fiveplex offers immediate rental income and exciting long-term potential. Set in an es...tablished neighbourhood with mature trees and charming homes, the property is a short walk from vibrant downtown Lindsay, with shopping, restaurants, parks, schools and everyday amenities nearby. Fleming College's Frost Campus is also conveniently located, adding to the property's appeal for potential tenants. The building features five self-contained units: three 1-bedroom apartments, one 2-bedroom apartment and one bachelor apartment, all currently rented. Additional highlights include eight parking spaces, a full basement with ample storage, a high-efficiency boiler installed in 2019, a new front porch, new soffits and a generously sized backyard for tenants to enjoy. The substantial lot also offers potential for additional residential units at the rear of the property, subject to municipal approvals and applicable zoning and building requirements. With an established rental history, excellent location and possible future expansion opportunities, this is an attractive addition to any investment portfolio. Don't miss this income-generating opportunity!
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Courtesy of: Keller Williams Edge Realty