97 Cambridge St

Lindsay, Kawartha Lakes, Ontario K9V 3C6

For Sale · MLS® X14082878 · TRREB MLS®
23
Beds
10
Baths
3500-5000
Sqft
None
Parking
Multiplex
Type

Description

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.

01 / Property recordListing details

Key Facts

MLS® #
X14082878
Board
TRREB MLS®
Days on market
Tax
$29,184
Size
3500-5000 sqft
Lot
114.2 × 210.57 Feet
Parking
None, 14 Parking

Listing History

Listing activity for 97 Cambridge St, Kawartha Lakes, Ontario

Date StartDate EndList PricePriceEventListing ID
N/AN/A$1,600,000N/AFor SaleX14082878

Property Details

Property

Property Type
Multiplex
Style
Other
Community
Lindsay
Municipality
Kawartha Lakes

Inside

Bedrooms
23
Bathrooms
10
Bathroom Detail
10, 4pc
Basement Type
Walk-Up
Kitchens
10

Utilities

Water
Municipal
Cooling
Window Unit
Heating Type
Forced Air

Building

Size
3500-5000 sqft
Construction
Alum Siding

Parking

Driveway
Private
Garage Type
None
Add. Parking
14
Total Parking
14

Land

Sewer
Sewers
Lot Size
114.2 × 210.57 Feet
Lot Size Code
Feet

Additional

Foundation
Concrete
Roof
Asphalt Shingle, Membrane
Fireplace
N
Pool
None
Den
N
Family room
N

Rooms (12)

Room 1

Level not provided

Room 2

Level not provided

Room 3

Level not provided

Room 4

Level not provided

Room 5

Level not provided

Room 6

Level not provided

Room 7

Level not provided

Room 8

Level not provided

Room 9

Level not provided

Room 10

Level not provided

Room 11

Level not provided

Room 12

Level not provided

Location

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

14 records read 9 on record nearby 5 checked, none on recordRead 2026-11-07

Water and conservation

  • No mapped wetland within 120 m
  • 1 water-supply well recorded within 250 m3 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 4.6 m.
  • Groundwater recorded about 1.8 m below ground nearbyThe middle water level in the well records within 500 m (41 records). It changes with the season and from spot to spot.
  • Bedrock about 5.8 m down nearbyThe middle depth to bedrock in the well records within 500 m.

Province of Ontario open data

Planning and building activity

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
  • Nearest airport: 3.3 km

Province of Ontario open data

Around the home

  • A trail on the Ontario trail network within 1 km

Province of Ontario open data

Environmental records

  • No licensed pit or quarry within 2 km
  • No recorded oil, gas or salt well within 250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.
  • 3 federal contaminated sites within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.

Province of Ontario open data · Government of Canada open data

Power and internet

  • Electricity is distributed here by Hydro One Networks Inc.
  • Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Nexicom. Cable: Cable Cable, Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Rogers, RuralNet, Ruralwave, Vianet, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.

Ontario Energy Board · Innovation, Science and Economic Development Canada

None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

02 / Plan your numbersTools

Mortgage Tools

Mortgage calculator

20%

Monthly Payment

$7,335

  • Down payment$320,000
  • Mortgage amount$1,280,000
  • Total interest$920,500
  • Total cost$2,520,500

Cash flow analysis

$7,335

Total monthly payment

$9,767

Break-even down payment

100%

Cash flow-$9,767
03 / Community profileNeighbourhood demographics

Expand Neighbourhood demographics to load Statistics Canada census charts.

$1,600,000

$1,600,000

CAD

Estimate unavailable

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