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Listed 2 months ago

221 Kent Street W

Lindsay, Kawartha Lakes

$669,900

Detached|1 1/2 Storey
2 | 2 | 6
About this home

Welcome to 221 Kent St W! This versatile property presents a fabulous opportunity for your business on one of Lindsay's main arterial streets! This mixed-use, commercial/residential building offers excellent exposure with a backlit sign, ideal for attracting attention to your business. Zoned MRC for ultimate flexibility, it's perfect for live/work entrepreneurs, professionals, and investors alike. The main level features a bright and welcoming reception area, private office/boardroom, open collaboration/flex space, kitchenette, and a 2pc washroom, well-suited for a variety of commercial uses. Paved parking lot at the rear ensures easy access, with plenty of room for customers and clients. Upstairs, 2-bedroom, 1-bath apartment provides a comfortable residence for live-work convenience or a great opportunity to generate additional income through residential tenancy. Don't miss this opportunity to own a high-exposure, multi-functional building in a growing community!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. Age100+
Size1500-2000 sq. ft.
Property Tax$6,773
Lot Size57.01 ft x 203.2 ft
mls© NumberX13699668
Listed ByAFFINITY GROUP PINNACLE REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,429
Property tax
$564
Heat allowance
$150
Housing costs
$4,143 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $133,980
25-yr amortization

Income needed

$127,000

gross annual household income

Payment at 4%
$2,819 / mo
Cash down
$133,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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