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97 Cambridge Street S
Lindsay Kawartha Lakes K9V 3C6

$1,600,000
Residential Freehold beds: 23 baths: 10.0

Main Photo: 97 Cambridge Street S in Kawartha Lakes: Lindsay House for sale : MLS®# X14082878
Photo 1: 97 Cambridge Street S in Kawartha Lakes: Lindsay House for sale : MLS®# X14082878
Photo 2: 97 Cambridge Street S in Kawartha Lakes: Lindsay House for sale : MLS®# X14082878
Photo 3: 97 Cambridge Street S in Kawartha Lakes: Lindsay House for sale : MLS®# X14082878
Photo 4: 97 Cambridge Street S in Kawartha Lakes: Lindsay House for sale : MLS®# X14082878
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Photo 49: 97 Cambridge Street S in Kawartha Lakes: Lindsay House for sale : MLS®# X14082878
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
X14082878
Bedrooms:
23
Bathrooms:
10
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.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
Other
Total Approx Floor Area:
3500-5000
Lot Depth:
210'7"
Lot Frontage:
114'2"
Direction Faces:
West
Bedrooms:
23
Bathrooms:
10.0
Water supply:
Municipal
Kitchens:
10
Bedrooms Above Grade:
23
Kitchens Above Grade:
10
Rooms Above Grade:
48
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle, Membrane
Basement:
Walk-Up, Partial Basement
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Private
Parking Spaces:
14
Total Parking Spaces:
14.0
Family Room:
No
Possession Details:
flexible
Pool:
None
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Taxes:
$29,184 / 2026
Assessment:
$- / 2025
Kawartha Lakes
Kawartha Lakes
Lindsay
Separate Hydro Meter
Aluminum Siding
No
Utilities Gas:
Yes
Utilities Hydro:
Yes
Utilities Water:
Yes
Sewers:
Yes
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
Window Unit(s)
Central Vacuum:
No
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Date Listed:
Oct 15, 2026
Original Price:
Previous Price:
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Listed by Royal Lepage Kawartha Lakes Realty Inc.
Data was last updated October 19, 2026 at 12:15 AM (UTC)
DARYL  KING
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