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Investment signal

$497,000

47 KENNEDY DRIVE

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Beds

Baths

2 full + 1 half

Sqft

—

Year

—

Type

Single Family

Suite

Suite potential

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Location nearby

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

About this home

Well-maintained 2-bedroom, 2-bathroom four-season home or cottage on over half an acre with direct frontage on the Miskwaa Ziibi River. Flat, usable land offers excellent space for outdoor activities and entertaining.The home comfortably sleeps six and features a newer heat pump with A/C and an updated roof. Enjoy kayaking, paddleboarding, swimming, and other waterfront activities from your backyard, with a public boat launch nearby (Northern Avenue) providing access to the Trent Severn Waterway. Ample parking and storage for boats, trailers, and recreational vehicles. Ideally located between Bobcaygeon and Buckhorn (on a school bus route) with year-round municipal road access. A great opportunity for personal use, rental income, or both in a peaceful riverfront setting. (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: House
Community: Trent Lakes
Common interest: Freehold
Lot dimensions: 125.3 x 206.2 FT
Bedrooms: 2 above grade
Parking: 6 total
Stories: 1
Fireplace: 1
On market: Apr 13, 2026
Status changed: Apr 13, 2026
Annual tax: $1,464 (2025)
Zoning: RR
Photos: 28
MLS#: X12991164
Area: TRENT_LAKES

Features and systems

Parking

No Garage

Basement

Crawl space

Appliances

WasherRefrigeratorDishwasherStoveDryerMicrowaveHood FanFurnitureWindow CoveringsWater Heater

Heating

Heat PumpElectric

Exterior

Vinyl siding

Foundation

Block

Lot

Flat siteLevel

Community

School BusCommunity CentreFishing

View

River viewDirect Water View

Waterfront

Waterfront on river

Utilities

WirelessElectricity Connected

Negative cash flow ~$592/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

-7.15%

Cap rate

3.43%

GRM

16.7

Break-even rent

$3,099

Financing

Down payment$99,400

Loan amount$397,600

Mortgage$2,015/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$228

Insurance$80

Maintenance$414

CapEx reserve$207

Vacancy loss$124

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 $2,015/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 13, 2026.