
28 Mcgibbon Boulevard
Lindsay, Kawartha Lakes
$749,000
Beautiful raised bungalow on a desirable corner lot in Lindsay featuring 4+2 bedrooms. Conveniently located close to schools, shopping, restaurants, major amenities, and within walking distance to the college. Features include a private rear deck, sunroom, fully fenced yard, garden shed, vinyl windows, Trex decking, air exchanger, and gas boiler heating system. R-2000 energy-efficient home, as per seller. Seller states the property currently generates approximately $4,950/month in rental income and that tenants may be willing to stay. Buyer and buyer's representative to conduct their own due diligence regarding rental income, tenancy, measurements, property features, zoning, and all other information.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,548 |
| Lot Size | 65.62 ft x 109.91 ft |
| mls© Number | X13683410 |
| Listed By | RCIB REAL ESTATE LIMITED. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,834
- Property tax
- $379
- Heat allowance
- $150
- Housing costs
- $4,363 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$134,000
gross annual household income
- Payment at 4%
- $3,152 / mo
- Cash down
- $149,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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