36 Lindsay St S 9 Unit Apartment Building $2,890,000 CAD ($321,111 CAD/Unit) 6.80% Cap Rate Kawartha Lakes, ON K9V 2L8

An extraordinary opportunity awaits you in the heart of downtown Lindsay-the chance to own an investment property w/ a remarkable return. This commercial property has a complete renovation, transforming it into a haven of 9 studio apartments(3 Leased), complemented by a main floor commercial space that is currently running as a Restaurant/Pub(Leased), boasting a seating capacity of 100 indoors & 40 seats outdoors. This building has been completely renovated to the highest bldg code standards. All new interior structural floors, walls, ceilings, stairs, along w/new spray foam insulation on exterior walls & ceilings. Brand new apartment designs built w/ strict fire code regulations incl. safe & sound insulation & drywall. Completely new wiring w/ upgraded transformer to accommodate 400amp service separately divided from main floor & the 9 apartments above. New plumbing incl. two new hot water tanks to service the 9 apartments w/ a third water tank servicing the main floor space.Incl.13 designated parking spots **** EXTRAS **** Property tax not assessed yet as building is under renovation.