Who’s looking for a profitable property?
Here’s your chance to grab a legal duplex in Lindsay/Fenelon Falls for only $310,000 OBO. Perfect for investors chasing reliable income, low taxes, and a property that can cash flow from day one.
This detached 1.75-storey sits on an 87’ x 88’ lot with parking for 4 cars and two separate units. The front 2-bed/1-bath unit has a tenant paying $2,200/month, while the rear 1-bed/1-bath unit will be delivered vacant, giving you the flexibility to renovate, re-rent, or move in.
Located near downtown Lindsay and minutes to schools, parks, groceries, Fleming College, and the Trent-Severn Waterway, this area attracts both students and retirees—an ideal mix for consistent rental demand.
Big-ticket items are already handled: steel roof (2020), insulation redone (2020), newer windows (8 yrs), updated electrical panels, and separate meters. It’s a great balance of stability and upside for investors who want steady returns without heavy reno headaches.
How can you profit?
1) Cash-Flow Rental – Keep the reliable $2,200/mo tenant in the front and lease the vacant rear unit after light cleanup. With low property taxes ($1,874/yr), the numbers work from day one.
2) House Hack / Live-In Investment – Move into the vacant rear unit, collect rent from the front tenant, and live affordably while building equity.
SUMMARY:
– LOCATION: Lindsay/Fenelon Falls, ON (Lindsay St & Green St E)
– PURCHASE PRICE: $310,000 Or Best Offer
– AFTER REPAIR VALUE: $500k
– CLOSING: November 4, 2025 (Somewhat flexible. This is an assignment sale.)
– TYPE: 1.75 Storey Detached (Legal duplex)
– BEDS/BATHS:
Unit A (front) – 2 beds (1 large, 1 small)/1 bath;
Unit B (back)– 1 bed/1 bath
– PARKING: 4 spaces
– BASEMENT: Crawl space
– SQFT: 1,670
– LOT: 87.8’ x 88’
– AGE: Main house 1900. Rear addition (second unit) 1960s.
– LOW LOW PROPERTY TAX: $1,874 (2024)
– POSSESSION: Unit A tenanted at $2200/month including utilities. Unit B is owner occupied and will be vacant on possession.
RENOVATIONS NEEDED:
– The back unit is rent-ready and the front unit is tenanted. Wait til turnover to update the front unit!
– Currently on baseboard heating.
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Separate hydro meters & hot water tanks.
– Legal duplex at an unbeatable $310K entry point.
– One unit vacant for immediate use or new tenancy.
– Strong existing tenant paying $2,200/mo.
– Big-ticket updates done (roof, insulation, windows, electrical).
LISTING ID: 1025-KAW-F01
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and more…)
Thank you,
Aaron Moore, Tomomi Wang, Josea Dussard & Sarah Budden
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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PS. Email us today for your info package. Who wants to make money on this one?