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Listed 9 days ago

99 Durham Street W

Lindsay, Kawartha Lakes

$460,000

Detached|2-Storey
4 | 2 | 4
About this home

Welcome to 99 Durham Street! This legal non-conforming duplex offers a fantastic opportunity for buyers looking to make home ownership more affordable by living in one unit while generating rental income from the other. Centrally located and offering two self-contained units, this property provides flexibility for both owner-occupiers and investors.The main level features a comfortable two-bedroom layout with a bright living area, functional kitchen, in-suite laundry and its own dedicated driveway. Upstairs, the refreshed two-bedroom unit offers an updated kitchen and bathroom, generous living space and separate parking.Each unit operates independently with its own hydro meter and hot water tank, helping keep utilities simple and separate. With rental income already in place, a buyer could occupy one unit and use the income from the other to help offset monthly carrying costs and mortgage payments.Conveniently located close to downtown, the college, recreation centre, shopping and everyday amenities, 99 Durham Street is a versatile property with plenty of possibilities. Live in one unit and rent the other, or add a solid two-unit property to your investment portfolio.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$2,640
Lot Size31.57 ft x 100.67 ft
mls© NumberX13875370
Listed ByBirdhouse Realty Inc.

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%
$2,354
Property tax
$220
Heat allowance
$150
Housing costs
$2,724 / mo

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

Down payment20% · $92,000
25-yr amortization

Income needed

$84,000

gross annual household income

Payment at 4%
$1,936 / mo
Cash down
$92,000

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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