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Listed 11 days ago

87 Lindsay Street N

Lindsay, Kawartha Lakes

$437,600

Detached|2-Storey
4 | 1 | 2
About this home

Ideally situated in a very quiet and peaceful setting, this charming four bedroom two-storey home enjoys a particularly desirable location with no neighbours directly behind and no neighbour immediately to the north. Featuring incredible parking and a private backyard, this home offers excellent curb appeal and an abundance of character, while backing directly onto well-maintained scenic municipal parkland, walking trails, and the spectacular Scugog River, which experiences light seasonal boat traffic during the boating season.The scenic walking trails adjacent to the Scugog River feature several relaxing sitting areas, providing the perfect opportunity to enjoy a good book or simply take in the beauty and tranquility of the surrounding natural environment. The easily accessible river setting is also ideal for those who enjoy fishing, kayaking, canoeing and paddle-boarding.The home is heated by a high-efficiency forced-air natural gas furnace, located within the partial basement.The property is currently tenant-occupied and generates $2,700.00 per month, all-inclusive. The existing tenants have indicated that, if possible, they would be interested in remaining in the home following a change of ownership.The home would benefit from some T.L.C. and updating, providing an excellent opportunity for a Buyer to add their own personal touches and further enhance the property's considerable charm, location and overall appeal. Note as per the tenants privacy, no interior photos have been provided.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$2,219
Lot Size61.88 ft x 81.14 ft
mls© NumberX13863306
Listed BySUTTON GROUP INCENTIVE REALTY INC.

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%
$2,240
Property tax
$185
Heat allowance
$150
Housing costs
$2,575 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $87,520
25-yr amortization

Income needed

$79,000

gross annual household income

Payment at 4%
$1,841 / mo
Cash down
$87,520

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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