Jasmine Thiar

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42 WELLINGTON STREET, Kawartha Lakes, Ontario

$579,900

5 Beds
4 Baths

Centrally located legal non-conforming brick triplex generating $5,140/month in gross rental income, situated on a generous 50 x 200 ft lot with excellent future potential. This income-producing property offers approximately 2,300 sq ft of living space across three residential units, three separate hydro meters, ample parking, and two additional rented detached structures providing supplementary rental income.The unit mix includes an upper-level 2-bed, 1-bath apartment ($1,235/month); a main-floor 2-bed, 1-bath apartment ($1,219/month); and an updated main-floor 1-bed, 1-bath apartment ($1,786/month). Additional rental income comes from a detached brick double tandem garage, currently leased at $500/month, and a separate two-storey barn, leased at $400/month. An unfinished basement provides free shared laundry for tenants along with additional storage space.Set on a substantial 200-foot-deep lot with plenty of parking, just steps from downtown Lindsay, Kent Street shopping and dining, the new Foundry development, and everyday amenities. An excellent investment opportunity with strong existing rental income, multiple income streams, and a large lot in a convenient central location. (id:23309)

Listing ID: X14109296
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Bathroom	Second level	2.82 m x 2.47 m
Bedroom	Second level	4.1 m x 3.06 m
Bedroom	Second level	4.09 m x 3.02 m
Family room	Second level	4.06 m x 4.45 m
Kitchen	Second level	1.93 m x 3.65 m
Other	Second level	1.07 m x 2.52 m
Cold room	Basement	3.23 m x 4.69 m
Other	Basement	7.9 m x 5.93 m
Dining room	Main level	2.16 m x 2.05 m
Bedroom	Main level	3.35 m x 2.84 m
Bedroom	Main level	2.34 m x 3.13 m
Foyer	Main level	1.92 m x 2.46 m
Kitchen	Main level	3.42 m x 2.39 m
Kitchen	Main level	4.05 m x 3.4 m
Living room	Main level	4.05 m x 4.45 m
Living room	Main level	4.05 m x 3.56 m
Primary Bedroom	Main level	2.68 m x 3.94 m

Details

Parking Spaces: 8
Transaction: For sale
Zoning Description: R2

Building

BasementType: N/A (Unfinished)
Basement Development: Unfinished
Bedrooms Main Level: 5
Cooling: Wall unit
Exterior Finish: Brick
Fireplace Present: False
Flooring: Vinyl
Foundation: Stone
Bathrooms (Total): 4
Heating: Radiant heat
Heating Fuel: Natural gas
Size Interior: 2000 - 2500 sqft
Stories Total: 2
Type: Other
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 50 ft ,8 in
Size Irregular: 50.7 x 200.5 FT

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 42 WELLINGTON STREET in Lindsay Ontario. It was last modified on October 22nd, 2026. Contact Jasmine Thiar to schedule a viewing or to discover other Lindsay homes for sale.

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