33 MELBOURNE Street W, Kawartha Lakes

$599,900
33 MELBOURNE Street W

$599,900

New
7d
Fourplex1 1/2 Storey

33 MELBOURNE Street W, Kawartha Lakes

Total Monthly Obligation $3,168

Beds
7
Baths
4
Park
4
Sqft
2000-2500
DOM
7d
Property Type-Fourplex
MLS® Number-X14089814
Beds-7
Bathrooms-4
Size-2000-2500 sqft
Lot Size-80 × 188.76 ft
Listed on site-Oct 16, 2026
Style-1 1/2 Storey
Building Type-Fourplex
Age-51-99
Taxes-$4,478.76 (2025)
Parking-6 - Detached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Tenanted
Neighbourhood-Lindsay
Title-Residential Freehold

No agent assigned

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.

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Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,168/mo
Mortgage $2,420
Monthly Loss $2,531
Principal$637
Interest$1,783
Property Tax$373
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 33 MELBOURNE Street W

Time

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