33 MELBOURNE St W

About this Property

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.

Listing Details

MLS #

X14089814

Board

PROPTX

Market

ontario

Property Type

Fourplex

Style

1 1/2 Storey

Year Built

51-99

Garage

Detached

Garage Spaces

2

Parking Spaces

6

Basement

Full, Part Fin

Heating

Forced Air

Cooling

None

Pool

None

Lot Size

80 × 188.76 ft

Annual Taxes

$4,479/yr

Listed By

RIGHT AT HOME REALTY

Listed On

October 16, 2026