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Investment signal

$978,000

23 WILLIAM STREET N

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Beds

—

Baths

—

Sqft

1,750

Year

—

Type

Business

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Kawartha Lakes (Lindsay). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

A Rare Opportunity To Find A Property With Well Established Restaurant. This property located at Prime Lindsay Downtown location. Now main floor using as Asian food restaurant plus 3 units apartment with total 5 bedrooms upstair. Closed to Lindsay main business area. Private owned 4 parking spots, and ample public parkings just at the back of building. Asian Food Restaurant Business has been operating for 40 years, located at the prime Lindsay Downtown area, surround central business district and residential communities. The current owner has been run for more than 14 years with good cash flow, low cost and easy to be managed. Monthoy Revenue Around $ 40k-50k . (id:65958)

Subtype: Business
Community: Lindsay
Living area: 1,750 square feet
Lot dimensions: Bldg=26.17 x 106.41 Acre
On market: Apr 20, 2026
Status changed: Apr 20, 2026
Annual tax: $7,054.82
Zoning: Commercial
Photos: 18
MLS#: X13019130
Area: KAWARTHA_LAKES_(LINDSAY)

Features and systems

Heating

Forced airNatural gas

Cooling

Fully air conditioned

Negative cash flow ~$1,060/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.50%

Cap rate

3.56%

GRM

16.6

Break-even rent

$6,016

Financing

Down payment$195,600

Loan amount$782,400

Mortgage$3,964/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$448

Insurance$80

Maintenance$815

CapEx reserve$408

Vacancy loss$245

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $3,964/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.