Turnkey Income Property with Legal ARU in Prime North Lindsay Welcome to 142 Sanderling Crescent, a standout investment opportunity in the highly desirable North Ward of Lindsay. This detached bungalow offers a rare combination of high, stable rental income and a fully registered Additional Residential Unit (ARU), making it an ideal choice for investors or buyers seeking a mortgage helper. Currently generating $3,250 per month in rental income, with additional utility contribution from the lower unit, this property delivers immediate cash flow with long-term upside potential. What truly sets this home apart is its City-registered and approved ARU, providing peace of mind and compliance in a market where legal secondary units are highly valued. Investment Highlights: Legal, city of Lindsay registered Additional Residential Unit (ARU),Total rental income of $3,250/month, Lower unit contributes 50% of utilities, Turnkey income-generating property. Property Features: Detached bungalow with 2 self-contained living spaces, 4 bedrooms and 2 full bathrooms, Separate entrance to bright lower-level unit with large egress windows, Functional main floor with open-concept layout, Fully fenced backyard with storage shed, Parking for up to 4 vehicles. Located on a quiet crescent in a mature, family-friendly neighbourhood, this property is within walking distance of parks, schools, and amenities, supporting strong long-term rental demand. (id:4555)
PROPERTY SPECS
Price $549,990
City Kawartha Lakes, Ontario
Bed / Bath 4 / 2 Full
Address 142 Sanderling Crescent
Listing ID X12893116
Style Bungalow, House
Flooring Laminate
Parking 4.00
Type Residential
Status For Sale
EXTENDED FEATURES
SubtypeSingle FamilyFeaturesIrregular lot size, In-Law SuiteOwnershipFreeholdBasementFinished, Full, Apartment in basement, Separate entrance, Walk-up, N/AHeating / CoolingForced air, Natural gasSewerSanitary sewerParking4.00