$549,990Asking Price
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.
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.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 13.98' x 8.99' | Walkout To Garden, Open Concept, Window |
| 1 4-Piece Bathroom on Main Floor | ||||
| 1 4-Piece Bathroom | ||||
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Lindsay, Kawartha Lakes is an east GTA neighbourhood notable for its singles, renters, university grads, education, law & public sector professionals and salespeople. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of kids aged 5 to 9, youth aged 20 to 24 and adults aged 25 to 49.
Kids Per Family
0.9
kids per family
in the neighbourhood.
45%
of residents are
single and loving it.
45% singles
Kawartha Lakes (38%)
32%
of residents
are renters.
32% renters
Kawartha Lakes (17%)
16%
of residents are
university grads.
16% university grads
Kawartha Lakes (14%)Average Household Income
$86K
is the average household
income in the neighbourhood.
Professions
| Sales | 14% |
| Trades | 10% |
| Government | 9% |
| Business | 7% |
| Health | 5% |
7%
of residents were
born outside of Canada.
7% immigrants
Kawartha Lakes (7%)2.2% from UK
All-time
0.1% from Syria
Recent
Foreign Languages
| French | 1% |
| German | 1% |
| Dutch | 1% |
Religions
| Christian | 67% |