$ 1,600,000
97 Cambridge Street S
97 Cambridge Street S, Kawartha Lakes, ON K9V3C6 Photo 1
49 Photos
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97 Cambridge Street S, Kawartha Lakes

Prime Investment Opportunity in Lindsay -10-Plex with Exceptional Upside! Located in a quiet, high-demand neighbourhood just 5 blocks from downtown Lindsay, this well-maintained complex is an outstanding turnkey asset. Close to transit, shopping, and Fleming College, it offers a strong 8.67% Cap Rate with a clear runway to push returns even higher. The building features ample tenant and guest parking, secure key-coded access, a closed-loop security camera system with remote cell viewing, and a shared laundry room equipped with 2 washers, 2 dryers, and a change machine (currently optimized on a timed rotation giving each unit 2 private laundry days). Over the past 4 years, the owners have heavily invested in major capital improvements, including premium renovations on 8 of the 10 units. The remaining 2 units provide immediate value-add potential upon turnover. Unlocking the Profit Potential: Hydro Separation Infrastructure completed. A major electrical overhaul has been done with massive new meter bases installed. Four units are already separated; the remaining 6 are pre-wired to transition to tenant-paid hydro as vacancies occur, instantly slashing operating expenses. 12-Unit Conversion: The building contains 2 unused interior spaces. Bring your plans to the city to apply for building permits to convert this into a high-yielding 12-plex (zoning believed to support up to 12 units). This is a rare, rock solid asset where the heavy lifting and expensive structural work have been already done. Secure a stable return today with potential for you to systematically transition utility costs and increase unit count for future growth and increased return. (id:1945)
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Property details for 97 Cambridge Street S, Kawartha Lakes

Type
Multi-family
Bedrooms
25
Living Area
8,207 square feet
Lot Size
0.55
Heating
Forced air, Natural gas
Cooling
None
Annual Taxes
$29,184

Nearby Listings Stat

Estimated price and comparable properties near 97 Cambridge Street S

Active Listings
2
Min Price
$1,600,000
Max Price
$1,800,000
Avg Price
$1,700,000
Days on Market
55
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days

Neighbourhood Census Data

Kawartha Lakes, Ontario

Population
510
Median Age
53
Median Income
$29,376
Dwelling Value
$300,713

Housing Tenure

Owners 47%
Renters 50%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.6
Pop. Density: 130.2/km²
Avg Shelter Cost: $1,350/mo
Owners with Mortgage: 56.2%
Owners Spending 30%+: 20%
Tenants Spending 30%+: 41.2%
English only: 94.1%
English and French: 4.9%
Neither: 1%
Median Household Income: $60,672
Median Employment Income: $33,365

Price History

Listed
October 14, 2026
by ROYAL LEPAGE KAWARTHA LAKES REALTY INC.
Current Price
$1,600,000
Type
Multi-family
For Sale
97 Cambridge Street S

Contact Agent Get in touch about 97 Cambridge Street S, Kawartha Lakes

JOHN KOZAK
ROYAL LEPAGE KAWARTHA LAKES REALTY INC.

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