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For saleMLS® X14109296

42 Wellington Street, Kawartha Lakes, ON K9V 3N3

Lindsay · K9V 3N3

$579,900

$290 / sq ft

1 weeks on market

Bedrooms
5
Bathrooms
4
Interior
2,000 sf
Parking
8
Lot
50.71 × 200.5 ft

What's special

  • Detached garage
  • Wall unit(s)
  • Finished basement

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About this property

Centrally located legal non-conforming brick triplex generating $5,140/month in gross rental income, situated on a generous 50 x 200 ft lot with excellent future potential. This income-producing property offers approximately 2,300 sq ft of living space across three residential units, three separate hydro meters, ample parking, and two additional rented detached structures providing supplementary rental income.The unit mix includes an upper-level 2-bed, 1-bath apartment ($1,235/month); a main-floor 2-bed, 1-bath apartment ($1,219/month); and an updated main-floor 1-bed, 1-bath apartment ($1,786/month). Additional rental income comes from a detached brick double tandem garage, currently leased at $500/month, and a separate two-storey barn, leased at $400/month. An unfinished basement provides free shared laundry for tenants along with additional storage space.Set on a substantial 200-foot-deep lot with plenty of parking, just steps from downtown Lindsay, Kent Street shopping and dining, the new Foundry development, and everyday amenities. An excellent investment opportunity with strong existing rental income, multiple income streams, and a large lot in a convenient central location.

Rooms

20 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
BathroomMain2.32 × 1.37 m7.6 × 4.5 ft4 Pc Bath
Dining RoomMain2.16 × 2.05 m7.1 × 6.7 ftCombined w/Kitchen · Vinyl Floor · Updated
BathroomMain2.15 × 1.54 m7.1 × 5.1 ft4 Pc Bath · Carpet Free
BathroomMain2.15 × 1.54 m7.1 × 5.1 ft5 Pc Bath · Carpet Free · Updated
Dining RoomMain2.70 × 2.43 m8.9 × 8.0 ftCombined w/Kitchen · Carpet Free · Above Grade Window
BedroomMain3.35 × 2.84 m11.0 × 9.3 ftVinyl Floor · Above Grade Window · Closet
BedroomMain2.34 × 3.13 m7.7 × 10.3 ftAbove Grade Window · Carpet Free · Closet
FoyerMain1.92 × 2.46 m6.3 × 8.1 ftW/O To Porch · Carpet Free · Wood Trim
KitchenMain3.42 × 2.39 m11.2 × 7.8 ftCombined w/Dining · Carpet Free · Vinyl Floor
KitchenMain4.05 × 3.40 m13.3 × 11.2 ftCombined w/Dining · Carpet Free · Vinyl Floor
Living RoomMain4.05 × 4.45 m13.3 × 14.6 ftAbove Grade Window · Carpet Free · Wood Trim
Living RoomMain4.05 × 3.56 m13.3 × 11.7 ftAbove Grade Window · Carpet Free · Combined w/Kitchen
Primary BedroomMain2.68 × 3.94 m8.8 × 12.9 ftAbove Grade Window · Carpet Free · Closet
BathroomSecond2.82 × 2.47 m9.3 × 8.1 ft3 Pc Bath · Carpet Free · Above Grade Window
BedroomSecond4.10 × 3.06 m13.5 × 10.0 ftAbove Grade Window · Wood Trim · Closet
BedroomSecond4.09 × 3.02 m13.4 × 9.9 ftAbove Grade Window · Wood Trim · Closet
Family RoomSecond4.06 × 4.45 m13.3 × 14.6 ftAbove Grade Window · Wood Trim · Closet
KitchenSecond1.93 × 3.65 m6.3 × 12.0 ftCarpet Free · Above Grade Window
OtherSecond1.07 × 2.52 m3.5 × 8.3 ft—
Cold Room/CantinaBasement3.23 × 4.69 m10.6 × 15.4 ft—

Features

  • None

Property details

Property

Property type
multiplex
Bedrooms
5
Bathrooms
4
Interior size
2,000 sq ft
Lot size
50.71 × 200.5 ft
Zoning
R2
Possession
Flexible

Interior

Basement
Unfinished
Heating
Radiant · Gas
Cooling
Wall Unit(s)
Exposure
North

Exterior & services

Construction
Brick
Garage
Detached
Parking spaces
8
Sewer
Sewer

Costs

List price
$579,900
Property taxes
$3,895 / year (2025)
Price per sq ft
$290

Listing

MLS® number
X14109296
Status
For sale
Listed
October 22, 2026
Days on market
13
Last updated
October 23, 2026
Listing brokerage
RIGHT AT HOME REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 25% of comparable multiplex listings in Lindsay are asking less.

$535KMedian $674K$1.01M
This home
$290 / sq ft
Comparable median
$302 / sq ft

Based on 8 comparable active multiplex listings in Lindsay. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.7% · minimum $32,990
$32,990
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,023.96
Property tax (est.)
$324.60
Estimated monthly
$3,349

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$8,073
Total due on closing
$8,073

An estimate on the asking price of $579,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RIGHT AT HOME REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$579,900

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