173 Lindsay St S, Lindsay, ON. Prime 1-Acre RM2 Zoned Corner Lot With Two Homes - Strong Investment & Development Potential. Outstanding opportunity for investors, developers, and builders. This high-visibility 1-acre RM2-zoned corner lot in the rapidly expanding Town of Lindsay offers exceptional future development potential. RM2 zoning permits townhouses, low-rise apartment building, day care center, and other medium-density residential/institutional uses. The property features two existing structures: Main House: A solid 1916 Georgian Colonial with 6 bedrooms, 2 baths, high ceilings, hardwood floors, large south-facing sunroom, impressive Scarlett O'Hara staircase, original period details, and an approx. 1,500 sq ft unfinished 3rd-floor attic. Home requires extensive renovation but offers strong adaptive-reuse potential. Secondary Home: A separate 3-bedroom bungalow, previously used as student housing-ideal for rental income during planning or redevelopment phases. Detached brick 2-car garage with former greenhouse. Excellent location for future multi-unit residential development with strong traffic exposure, public transit access, and proximity to schools, amenities, and Fleming College. A rare multi-structure property with immediate income potential and outstanding long-term redevelopment value. (id:47421)
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Detailed Information
Bedrooms
5
Bathrooms
2
Lot
198 x 233 ft
Listing Contract Date
2025-12-05
Location Description
Cross Streets: Lindsay St S/ Mary St W. ** Directions: Lindsay St S and Mary St W.
Ownership Type
Freehold
# of Parking Spaces
11
Property Type
Single Family
Transaction Type
For sale
Zoning Description
RM2
Building
Basement Development
Unfinished
Basement Type
Full (Unfinished)
Construction Style (Attachment)
Detached
Cooling Type
None
Exterior Finish
Wood
Fireplace Present
Yes
# of Fireplaces
2
Foundation Type
Concrete
Heating Fuel
Electric, Natural gas
Heating Type
Baseboard heaters, Other
Stories Total
2.5
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Library
Second level
3.01 m x 3.81 m
Bedroom 3
Second level
2.97 m x 3.81 m
Bedroom 4
Second level
2.67 m x 3.81 m
Bathroom
Second level
1.53 m x 2.42 m
Bedroom 5
Second level
2.97 m x 4.15 m
Bedroom 2
Second level
4.56 m x 3.5 m
Bathroom
Second level
3 m x 1.82 m
Primary Bedroom
Second level
5.81 m x 3.81 m
Other
Third level
15.38 m x 9.32 m
Laundry room
Basement
2.59 m x 3.86 m
Workshop
Basement
5.6 m x 5.75 m
Other
Basement
7.61 m x 4.99 m
Foyer
Main level
1.4 m x 1.47 m
Dining room
Main level
5.7 m x 4.68 m
Pantry
Main level
2.63 m x 1.69 m
Kitchen
Main level
2.97 m x 4.55 m
Office
Main level
5.81 m x 4.7 m
Sunroom
Main level
3.93 m x 8.89 m
Living room
Main level
5.81 m x 4.53 m
Parking Spaces
Name
Spaces
Detached Garage
Garage
RV
Land
Total Size
198 x 233 FT | 1/2 - 1.99 acres
Sewer
Sanitary sewer
Size of Irregular Land
198 x 233 FT
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