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Investment signal

$599,000

6 GLENELG STREET W

Beds

Baths

Sqft

—

Year

—

Location

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About this home

Attention investors! A fantastic opportunity to acquire a fully leased fourplex in a prime central Lindsay location. Comprised of four self-contained 1-bedroom units-two on the main level and two above-this property offers stable, immediate rental income. Ideally positioned close to downtown, shopping, dining, parks, and everyday conveniences, ensuring continued tenant appeal. A smart addition to any investment portfolio in a thriving community. (id:65958)

Subtype: Multi-family
Structure: Fourplex
Community: Lindsay
Lot dimensions: 59.7 x 72.9 FT
Bedrooms: 4 above grade
Parking: 2 total
Stories: 2
On market: Apr 30, 2025
Status changed: Apr 16, 2026
Annual tax: $5,370 (2025)
Zoning: CC
Photos: 36
MLS#: X12113272
Area: KAWARTHA_LAKES_(LINDSAY)

Features and systems

Parking

No Garage

Basement

FullWalk out

Heating

Forced airNatural gas

Cooling

None

Exterior

Brick

Foundation

Stone

Lot

Irregular lot sizeLevel

Negative cash flow ~$1,193/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.95%

Cap rate

3.50%

GRM

16.6

Break-even rent

$4,256

Financing

Down payment$119,800

Loan amount$479,200

Mortgage$2,940/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$275

Insurance$80

Maintenance$499

CapEx reserve$250

Vacancy loss$150

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle 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.

Mortgage estimate

Estimated $2,940/mo at 5.49% with 20% down, 25-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 16, 2026.