$759,000
8.15 BTC
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23 Queen Street, Kawartha Lakes
$759,000
PRICE
4 + 3
BEDROOMS
4
BATHROOMS
X13556418
MLSID

23 Queen Street, Kawartha Lakes

Welcome to 23 Queen Street in the heart of Lindsay-an exceptional opportunity to acquire a turn-key, fully occupied detached fourplex offering an attractive 8% cap rate and approximately 2,600 sq. ft. of living space. Meticulously maintained inside and out, this impressive two-storey investment property features approximately 9-foot ceilings on the main floor, a welcoming front veranda, side deck and three parking spaces. The four units include a main-floor one-bedroom apartment with a 3-piece bathroom, approximately 600 sq. ft.; an upper-level two-bedroom apartment with a loft and 4-piece bathroom, approximately 1,100 sq. ft.; a rear one-bedroom apartment overlooking the neighbouring parkette with a 3-piece bathroom, approximately 440 sq. ft.; and a lower-level two-bedroom apartment with a 3-piece bathroom, approximately 456 sq. ft. Each unit is equipped with a fridge and stove, while tenants provide their own air-conditioning units, helping reduce the landlord's maintenance responsibilities. Individual waste and recycling bins are also allocated to each unit for added convenience. Fully occupied by excellent tenants, with annual fire inspections completed and the property maintained to current standards, this is an ideal addition to any investment portfolio. It also offers an excellent owner-occupancy opportunity, allowing a purchaser to live in one unit while rental income from the remaining units helps offset housing expenses. Conveniently situated adjacent to a park for added privacy and quiet enjoyment, just three blocks from vibrant downtown Lindsay and close to shops, restaurants, schools, groceries, Ross Memorial Hospital, riverfront walking paths and the year-round Victoria Rail Trail. Minutes from Sturgeon Lake, Ken Reid Conservation Area and major routes connecting to Peterborough, Durham, York Region and the GTA.
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Sold History

SOLD
18 April 2017
$389,000

Summary

Address
23 Queen Street
Community
MLSID
X13556418
Property Type
Fourplex
Property Category
Bedrooms
4 + 3
Bathrooms
4
Kitchens
3 + 1
Taxes (Annual)
$3,849.00
Tax Year
2026
Published
July 13, 2026
Days on Market
41 Days
Possession Type
Flexible
Possession Details
Flexible
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Exclusions

Excludes all items belonging to the Tenants, including A/C units

Details

Security Features
Smoke Detector
Bathroom 1
3-Piece Main Level
Bathroom 2
4-Piece Main Level
Bathroom 3
3-Piece Lower Level
Basement
Apartment, Finished, Separate Entrance, Walk-Up
Exterior Features
Porch
Interior Features
None
Parking Spaces
3
Parking Total
3
Architectural Style
2 1/2 Storey
Roof
Asphalt Shingle
Construction Materials
Brick, Stone
Lot Width
40 Feet
Lot Depth
87 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Radiant
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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