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.
23 bedrooms, 10 bathrooms, about 3,500 sq ft, works out to roughly $457 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 97 Cambridge St S
Every detail from the listing, in one place.
Type
Multiplex
Style
Other
Living space
3500-5000 sq ftas stated on the listing
Parking
14 spaces
Basement
Walk-Up, Partial Basement
Features & systems
Parking & garage
Parking spaces
14
Interior
Basement
Walk-Up · Partial Basement
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Other
Property class
Multiplex
97 Cambridge St S Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14082878$1,600,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 97 Cambridge St S Compares to the Kawartha Lakes Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$7,860
/mo
based on the purchase price of $1,600,000
$320,000 cash
$1,280,000 financed
$1,078,096 total interest
Principal54%$1,280,000
Interest46%$1,078,096
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 97 Cambridge St S
Homes for sale in Kawartha Lakes
Every active Kawartha Lakes MLS® listing, updated all day.
Average days on market45Homes sold in about 45 days on average.
Sale-to-list ratio96.2%On average, homes sold below asking.
Active listings937Homes for sale here right now.
Median vs prior 90 days−2.8%Compared with Apr 18 – Jul 17, 2026: prices down.
Based on 528 sales from Jul 17 – Oct 15, 2026 (339 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 97 Cambridge St S
How much is 97 Cambridge St S listed for?
97 Cambridge St S is listed at $1,600,000 (MLS® X14082878). Summitly updates the price as soon as the MLS® record changes.
Is $1,600,000 a good price for 97 Cambridge St S?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Kawartha Lakes. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 97 Cambridge St S changed?
No — 97 Cambridge St S is still listed at its original asking price of $1,600,000.
How many bedrooms and bathrooms does 97 Cambridge St S have?
97 Cambridge St S has 23 bedrooms and 10 bathrooms, with about 3,500–5,000 square feet of living space. It is a multiplex in Kawartha Lakes.
How much would the monthly mortgage be on 97 Cambridge St S?
About $7,860 a month — principal and interest on $1,600,000 with 20% down ($320,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 97 Cambridge St S compare with other homes in Kawartha Lakes?
Its asking price of $1,600,000 is about 163% above the median sold price in Kawartha Lakes over the last 90 days, $607,250, across 528 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 97 Cambridge St S been sold before?
Summitly has no earlier MLS® sale or lease of 97 Cambridge St S on record from the last two years. Older records aren't shown under TRREB rules.
Where is 97 Cambridge St S?
97 Cambridge St S is in Kawartha Lakes, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 97 Cambridge St S been on the market?
1 day — 97 Cambridge St S was listed on October 14, 2026.
What is the price per square foot of 97 Cambridge St S?
About $320 to $457 per square foot: the asking price of $1,600,000 over the 3,500–5,000 sq ft the listing gives as its size range.
Does 97 Cambridge St S have parking or a garage?
Yes — the listing gives 14 parking spaces.
Does 97 Cambridge St S have a basement, and is it finished?
The listing describes the basement as: Walk-Up, Partial Basement.
