Gurvinder Nokwal REALTOR®
For Sale Fourplex 2 days on market

$599,900

Est. payment $2,656/moCalculate yours

33 MELBOURNE Street W, Kawartha Lakes, ON K9V 2S7

Lindsay, Kawartha Lakes, ON K9V 2S7

  • 5 + 2 Beds
  • 4 Baths
  • 2 Garage
  • 2,000 Sq Ft

Listing courtesy of RIGHT AT HOME REALTY MLS® X14089814

About this home

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.

Property details

Overview

Property Type
Fourplex
Style
1 1/2 Storey
For
For Sale
Status
New
Approximate Age
51-99
Size
2,000 sqft

Interior

Bedrooms
5 + 2
Bathrooms
4
Kitchens
4
Total Rooms
11
Basement
Full, Partially Finished

Building & Systems

Heating
Forced Air (Gas)
Cooling
None
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
80 x 188.76 Feet
Parking
Detached garage · 6 total
Zoning
R3

Financial

Property Taxes
$4,479 (2025)

Location

Neighbourhood
Lindsay
Cross Street
Melbourne St W & Lindsay St S
Direction Faces
South

Listing

MLS® Number
X14089814
Days on Market
2
Listed On
2026-10-16
Possession
Tenanted
Listed By
RIGHT AT HOME REALTY

Rooms

Room Level Dimensions
Kitchen Main 13′ 6″ × 5′ 6″
Kitchen Basement 11′ 5″ × 8′ 0″
Living Room Main 13′ 0″ × 12′ 5″
Bedroom Basement 11′ 0″ × 12′ 10″
Kitchen Basement 12′ 10″ × 10′ 2″
Bathroom Main 3′ 8″ × 10′ 3″
Bathroom Main 8′ 11″ × 6′ 4″
Den Second 15′ 5″ × 12′ 6″
Primary Bedroom Second 19′ 1″ × 26′ 9″
Bedroom Main 10′ 8″ × 12′ 10″
Kitchen Main 14′ 4″ × 13′ 9″
Living Room Basement 11′ 3″ × 10′ 10″
Primary Bedroom Main 12′ 10″ × 10′ 3″
Living Room Main 13′ 7″ × 14′ 6″
Foyer Main 6′ 0″ × 13′ 9″
Bathroom Basement 3′ 8″ × 9′ 5″
Bathroom Second 5′ 8″ × 5′ 1″
Dining Room Main 13′ 7″ × 10′ 8″
Bedroom Basement 11′ 3″ × 9′ 4″
Bedroom Second 15′ 1″ × 9′ 4″

Features

Interior

  • Carpet Free

Pool

  • None

Mortgage calculator

Minimum for this price: $34,990 (5.83%)

Amortization, years

Estimated mortgage payment

$2,656 per month

Principal and interest
$2,656
Property tax
$373
Estimated monthly cost
$3,029

Your mortgage

Mortgage amount
$479,920
Mortgage insurance
Not needed
Interest over 25 years
$316,948

Cash to close

Down payment
$119,980
Land transfer tax
$8,473
Total, before legal fees
$128,453
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

33 MELBOURNE Street W, Kawartha Lakes, ON K9V 2S7 Lindsay, Kawartha Lakes, ON K9V 2S7
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$599,900 33 MELBOURNE Street W, Kawartha Lakes, ON K9V 2S7
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