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33 MELBOURNE STREET W, Kawartha Lakes (Lindsay) — listed at $599,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
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. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Main level | 1.82 x 4.2 meters |
| Living room | Main level | 3.95 x 3.78 meters |
| Primary Bedroom | Second level | 5.82 x 8.15 meters |
| Bedroom | Second level | 4.6 x 2.84 meters |
| Den | Second level | 4.71 x 3.82 meters |
| Bathroom | Second level | 1.72 x 1.56 meters |
| Bedroom | Basement | 3.35 x 3.9 meters |
| Bedroom | Basement | 3.43 x 2.84 meters |
| Kitchen | Basement | 3.49 x 2.44 meters |
| Kitchen | Basement | 3.92 x 3.1 meters |
| Living room | Basement | 3.43 x 3.3 meters |
| Bathroom | Basement | 1.12 x 2.88 meters |
| Kitchen | Main level | 4.38 x 4.2 meters |
| Primary Bedroom | Main level | 3.91 x 3.12 meters |
| Bedroom | Main level | 3.25 x 3.91 meters |
| Dining room | Main level | 4.15 x 3.25 meters |
| Bathroom | Main level | 2.72 x 1.94 meters |
| Bathroom | Main level | 1.13 x 3.12 meters |
| Living room | Main level | 4.15 x 4.43 meters |
| Kitchen | Main level | 4.11 x 1.67 meters |
Is 33 MELBOURNE STREET W a good fit for a growing family?+
With 7 bedrooms and 4 bathrooms, there's room for kids plus a guest room or home office. The 1.5-storey layout keeps living and sleeping areas separated.
Does it have a basement, and is it finished?+
Yes — Partially finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
What's the parking situation?+
This property includes 6 spaces — Detached Garage, No Garage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,478.76, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is this a good starter home?+
At $599,900, this is priced in starter-home territory for Kawartha Lakes (Lindsay). With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
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