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Investment signal

$649,900

24 LINDSAY STREET

Save this home

Beds

4

Baths

3 full + 2 half

Sqft

Year

Type

Single Family

Suite

Investment signal

Location nearby

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

About this home

Fantastic investment opportunity for a fully occupied, turn key, healthy cash flow positive property in a premium high traffic location with future development potential. Population density is compounding annually. Huge upside to this opportunity. The Busiest plaza in town is across the road featuring Sobeys and Tim Hortons. The Trent severn lock 34 between Cameron Lake and Sturgeon Lake is one block away. The building features a Metal roof, red brick, municipal Water, municipal sewer, natural gas and updated electrical, all newer vinyl windows. (id:65958)

Subtype
Single Family
Structure
House
Community
Fenelon Falls
Common interest
Freehold
Lot dimensions
63.8 x 221 FT
Bedrooms
4 above grade
Parking
8 total
Stories
2
On market
Apr 16, 2026
Status changed
Apr 21, 2026
Annual tax
$2,702 (2025)
Photos
41
MLS#
X13004730
Area
KAWARTHA_LAKES_(FENELON_FALLS)

Features and systems

Parking

No Garage

Basement

UnfinishedWalk outN/AN/A

Appliances

Water Heater

Heating

Radiant heatNatural gas

Cooling

None

Exterior

Brick

Foundation

Stone
Negative cash flow ~$737/mo at these assumptions

Cash on cash

-6.81%

Cap rate

3.50%

GRM

16.7

Break-even rent

$4,026

Financing

Down payment$129,980
Loan amount$519,920
Mortgage$2,634/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$298
Insurance$80
Maintenance$542
CapEx reserve$271
Vacancy loss$163

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 $2,634/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 21, 2026.

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