36 Caroline Street, Kawartha Lakes, ON
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Lindsay. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $424,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 66 x 132 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Separate Hydro Meter, Water Heater Owned
- Efficient forced air heating via gas
Description
MOTIVATED SELLER!!! Solid Brick Duplex - FULLY TENANTED!! Ideal Investment Opportunity. CAP RATE APPROX 7% Well-maintained solid brick duplex offering an excellent opportunity for investors . Each spacious unit features three bedrooms, providing comfortable living space for tenants. The property sits on a large backyard, perfect for outdoor enjoyment, and each unit benefits from its own private driveway, providing convenient and independent parking. Recent updates include a new furnace, adding peace of mind for years to come. With its solid construction, functional layout, and strong investment potential, this duplex is a smart addition to any real estate portfolio.
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Separate Hydro Meter, Water Heater Owned
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 36 Caroline Street, Kawartha Lakes, ON K9V 1T1
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kawartha Lakes, ON
For a property listed at $424,900 in Kawartha Lakes, the legal minimum down payment is $21,245 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,973 for this transaction. As this listing is in Kawartha Lakes (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,973.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
