97 CAMBRIDGE Street

ActiveKawartha Lakes · Lindsay41 days on marketMLS® X13493556

$1,800,000

$219 / sq ft

Bedrooms25

Bathrooms0

Interior8,207 sq ft

Lot Size1 sq ft

TypeCommercial

ListingFor Sale

Days on Market41

About this property

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% 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.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X13493556
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	8,207 sq ft
Lot Size	1 sq ft
Beds / Baths	25 bed · 0 bath
Neighbourhood	Lindsay
City	Kawartha Lakes
Postal Code	K9V 3C6
Province	ON
Listed Date	June 26, 2026
Days on Market	41
Price per Sq Ft	$219
Brokerage	Royal Lepage Kawartha Lakes Realty Inc.