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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
- Property type
- Fourplex
- Style
- 1 1/2 Storey
- Approx. age (yrs)
- 51-99
- Total rooms
- 12
- Lot size
- 80 × 188.76 ft
- Property taxes
- $4,478.76 (2025)
- Occupancy
- Tenanted
- Days on market
- 2
- Status
- Active
- MLS®
Property history
Location
Open in Google MapsRecently sold nearby
Listing data last updated: Oct 16, 2026, 11:58 p.m. EDT via TRREB IDX.
First listed: Oct 16, 2026, 11:58 p.m. EDT.