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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.
