157 Lindsay Street S

Nestled in the heart of Kawartha Lakes, specifically at 157 Lindsay Street S, this remarkable Multi-Family Home for sale in Kawartha Lakes presents an outstanding opportunity for both investors and owner-operators alike. This charming property, located on one of Lindsay's main thoroughfares, boasts a rich history and a wealth of potential, making it a prime candidate for anyone looking to delve into the world of multi-unit living.

The building itself is a 2 1/2 storey multiplex, constructed over 100 years ago, and features a delightful blend of brick and vinyl siding on the exterior. The character-filled interiors are enhanced by original hardwood flooring in many of the units, adding a touch of warmth and charm that is often hard to find in modern constructions. With a total of nine bedrooms and six bathrooms spread across four kitchens, this Multi-Family Home for sale in Kawartha Lakes is designed to accommodate a variety of living arrangements, whether you’re looking to rent out individual units or create a spacious family home.

One of the standout features of this property is its generous lot size, measuring approximately 62 x 218 feet. This expansive outdoor space not only provides ample room for outdoor activities but also offers potential for future development or expansion, which is a significant advantage for savvy investors. The property is situated just minutes from downtown Lindsay, ensuring that residents have easy access to shops, public transport, Fleming College, parks, and essential services. This prime location is a major draw for tenants and adds to the overall appeal of this Multi-Family Home for sale in Kawartha Lakes.

Inside, the layout is functional and well thought out, with a total of 14 rooms that cater to a variety of needs. While there is no den or family room, the multiple kitchens and bathrooms ensure that there is plenty of space for everyone. The property is unfurnished, allowing new owners the freedom to personalise the space to their liking. Each unit is equipped with window air conditioning units, ensuring comfort during the warmer months, while the radiant heating system provides warmth during the colder seasons.

Another notable feature of this Multi-Family Home for sale in Kawartha Lakes is the updated infrastructure, including new soffit and fascia installed in 2017, a new shingled roof added in 2011, and most windows having been updated between 2005 and 2008. These improvements not only enhance the aesthetic appeal of the property but also contribute to its overall functionality and energy efficiency. Additionally, the presence of separate entrances and hydro meters for each unit ensures privacy and independence for all residents.

While the property does not include a garage or a central vacuum system, it does offer four parking spaces, which is a significant advantage in a busy area like Lindsay. The municipal water and sewer services further enhance the convenience of living in this well-connected community.

In summary, 157 Lindsay Street S, Kawartha Lakes, is more than just a property; it’s a fantastic investment opportunity waiting to be seized. With its prime location, versatile layout, and strong potential for income generation, this Multi-Family Home for sale in Kawartha Lakes is sure to attract attention. Whether you’re an experienced investor or a first-time buyer looking to enter the rental market, this property has everything you need to succeed. Don't miss out on the chance to own a piece of Lindsay's vibrant community—this is a rare find that won't last long!

Lindsay, nestled within the picturesque city of Kawartha Lakes, is a charming town that beautifully marries the serenity of rural living with the conveniences of urban life. Surrounded by lush landscapes and sparkling lakes, it offers a tranquil yet vibrant atmosphere, perfect for those seeking a slower pace. The town features a delightful mix of historical architecture and modern amenities, with quaint shops, inviting cafes, and local markets that foster a strong sense of place. Outdoor enthusiasts will revel in the abundance of recreational activities, from hiking and fishing to boating on the nearby waterways. With its friendly residents and a strong community spirit, Lindsay presents an ideal setting for anyone looking to embrace a relaxed lifestyle in a stunning natural environment.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance of 0.8 km, you will find St. Mary Catholic Elementary School, which serves grades JK to 8 and is part of the Peterborough Victoria Northumberland and Clarington Catholic District School Board. For older students, Lindsay Collegiate and Vocational Institute and I E Weldon Secondary School, both offering grades 9 to 12, are located 1.4 km and 2.0 km away, respectively. Central Senior School, also nearby at 1.3 km, provides education in French for grades JK to 8. Additionally, St. Dominic Catholic Elementary School and St. Thomas Aquinas Catholic Secondary School, both of which are Catholic institutions, are located 2.1 km and 1.6 km away, offering education in both English and French. This diverse selection of schools ensures that children of all ages have access to quality education within a reasonable distance from home, catering to different language preferences and educational needs. Overall, the proximity to these schools enhances the appeal of this property for families seeking a supportive community for their children's education.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 438 residents, with an average household size of 2.1 individuals. The demographic profile indicates a mature community, with an average age of 42.2 years. The average household income stands at $67,500, although 20.8% of the population is classified as low-income. The real estate market reflects a median home price of $410,000, with a notable percentage of residents (58.54%) renting their homes. The community has a significant single population, comprising 51.35%, while households with children account for 29.17%. Immigrants represent a small portion of the population at 4.44%. Educational attainment is relatively high, with 36.84% of residents holding a college or university degree. However, a considerable 42.11% of the population is not actively participating in the labor force. Interestingly, there are no condominiums in the area, suggesting a potential focus on single-family homes or other housing types. Overall, this demographic information paints a picture of a diverse and stable community with a mix of families and singles, alongside a significant rental market.