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Lindsay, Kawartha Lakes, ON K9V 5L2
$598,000
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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.