Kawartha Lakes ON Multi-Family Real Estate, Homes for Sale

Centrally located legal non-conforming brick triplex generating $5,140/month in gross rental income, situated on a generous 50 x 200 ft lot with excellent future potential. This income-producing property offers approximately 2,300 sq ft of living space across three residential units, three separate hydro meters, ample parking, and two additional rented detached structures providing supplementary rental income.The unit mix includes an upper-level 2-bed, 1-bath apartment ($1,235/month); a main-floor 2-bed, 1-bath apartment ($1,219/month); and an updated main-floor 1-bed, 1-bath apartment ($1,786/month). Additional rental income comes from a detached brick double tandem garage, currently leased at $500/month, and a separate two-storey barn, leased at $400/month. An unfinished basement provides free shared laundry for tenants along with additional storage space.Set on a substantial 200-foot-deep lot with plenty of parking, just steps from downtown Lindsay, Kent Street shopping and dining, the new Foundry development, and everyday amenities. An excellent investment opportunity with strong existing rental income, multiple income streams, and a large lot in a convenient central location.

42 Wellington Street, Kawartha Lakes

$599,900

7 Beds ⋅ 4 Baths ⋅ X14089814 MLS

Centrally located legal non-conforming brick 4-plex with potential gross rental income of $5,032/month, situated on a massive 80 x 188 ft potential double lot with excellent future potential. This charming 1.5-storey property offers approximately 3,300 sq ft of living space, plenty of original character, a double detached garage, parking for up to six vehicles, and additional basement storage.The unit mix includes a main-floor 1-bed, 1-bath apartment ($1,075/month); a spacious 4-bed, 1.5-bath apartment spanning the main and second floors ($2,095/month + 30% utilities); a lower-level 1-bed with kitchen ($862/month); and a lower-level bachelor with kitchen ($700/month). The two lower-level units share a bathroom. The vacant double detached garage offers estimated rental income of $300/month. All tenants have access to free shared laundry in the basement, along with additional storage space.Updates include roof (2019), windows (2020), two furnaces (one updated 2019), and a 200-amp breaker panel. Set along mature tree-lined Melbourne Street, just steps from downtown Lindsay and Kent Street shopping, dining, and everyday amenities. An excellent income-producing property with a strong existing rent roll, substantial lot size, and future potential.

33 MELBOURNE Street W, Kawartha Lakes

$1,600,000

23 Beds ⋅ 10 Baths ⋅ X14082878 MLS

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.

97 Cambridge Street S, Kawartha Lakes

$599,900

3 Beds ⋅ 3 Baths ⋅ X13798500 MLS

Rare Opportunity - TWO DETACHED HOMES on one 0.56 acre, corner lot! This unique property features two separate detached single-family homes, both municipally serviced for water and sewer, situated on a generous 0.56-acre corner lot with two road frontages. The property is zoned Highway Commercial, offering a variety of potential uses and making this an excellent opportunity for investors or buyers looking for additional income. The first home (7 Weldon Rd) is a 1,344 sq. ft. two-storey residence that is currently tenanted and features 3 bedrooms and 2.5 bathrooms. The home offers a large eat-in kitchen, a spacious living area, covered front porch, and a walkout from the eating area to the backyard deck. The finished basement provides additional living space, while the property also includes a handy carport and a detached 1.5 car garage (16' x 24').The second home (5 Weldon Rd) is a charming 920 sq. ft. 1.5 storey residence that is currently vacant. It was completely renovated approximately 7 years ago, including the kitchen, bathroom, windows, shingles, furnace and air conditioning. This home offers 3 bedrooms and 1 bathroom, with two bedrooms, the bathroom and laundry all conveniently located on the main floor, making it particularly well suited for anyone looking for main-floor living. Located very close to IE Weldon High School and offering two separate homes on one property, this is a versatile opportunity with excellent potential. Live in one home and rent the other, rent both for additional income, or explore the possibilities offered by the Highway Commercial zoning. Properties with this combination of land, frontage and two detached homes are rarely available.

7-5 Weldon Road, Kawartha Lakes

$749,900

4 Beds ⋅ 2 Baths ⋅ X13765438 MLS

Welcome to 15 Prince Street W, a beautifully updated century home set on a large in-town property, offering two fully self-contained living spaces ideal for multi-generational families, in-laws, guests, or rental income. Located on a quiet street in the heart of Bobcaygeon, this warm and inviting home blends historic charm with modern comfort while providing the space and flexibility rarely found in town. The main living space is located at the back of the home, featuring two spacious bedrooms, a comfortable living room, and a bright back sitting room perfect for TV or quiet relaxation. You enter through the large kitchen, and a rear door leads to an exceptional covered outdoor kitchen area, creating a wonderful extension of the living space for cooking, entertaining, and enjoying the private yard.At the front of the home, a separate two-bedroom unit with its own entrance and welcoming front porch is currently rented, offering steady income or flexible use for extended family. With separately metered hydro, each unit operates independently for convenience and efficiency. A detached garage and workshop add valuable functionality, and the yard behind the shop provides excellent space for storing trailers, boats, or recreational equipment, a rare and highly desirable feature in town. Just a short walk from the waterfront, shops, restaurants, and everything Bobcaygeon has to offer, this property delivers space, versatility, and lifestyle in one package. Whether you're seeking a home with room for everyone, a retreat with unique outdoor features, or a property with income potential, this one offers exceptional value in a sought-after community.

15 Prince Street W, Kawartha Lakes

$549,900

10 Beds ⋅ 4 Baths ⋅ X13687094 MLS

Excellent opportunity to take advantage of owning an income property. Two separate units each with separate hydro meters,5 bedrooms, kitchen, and common living space. Currently vacant, this property has great proven rental income- close to Fleming College and the opportunity to rent to students if desired. Plenty of gravel parking surface available. Recent updates include roof +/- 2022; flooring on lower level +/- 2022. Property has been retrofitted with smoke detectors, interconnected fire system with pulls; alarm panel, and a fire barrier. Coin operated laundry. Furniture , appliances and dishes included. Flooring a mix of vinyl plank, laminate flooring sheet vinyl. 200 amp electrical; 1-200 amp panel, 1 -100 amp panel- all breakers, ABS drains, copper & plastic supply; 140 Gallon hot water tank.

103 Durham Street W, Kawartha Lakes

$549,000

8 Beds ⋅ 5 Baths ⋅ X13645780 MLS

ATTENTION INVESTORS! This solid FOUR-UNIT building offers an excellent opportunity to grow your portfolio, featuring one spacious 5-bedroom unit, two 1-bedroom units, and one bachelor unit. Situated on an oversized in-town lot surrounded by mature trees, the property offers a rare combination of strong income potential and an attractive setting. With separate hydro meters, updated windows, and SIGNIFICANT RENOVATIONS to the 5-bedroom unit, including a new kitchen, flooring and fresh paint. This property is well-positioned for strong rental income for experienced and new investors. OR, someone seeking to offset their living expenses. Unit 1 (one bedroom) is vacant, Unit 2 (one bedroom) is rented for $650/month inclusive, Unit 3 is vacant (5-bedroom, 2 bathroom), and Unit 4 (bachelor) is rented for $700/month inclusive, giving you the opportunity to select your own tenants for two of the four units. This property is currently zoned R3, and the existing 4 units are considered legal non-conforming.

25 Mill Street, Kawartha Lakes

$749,900

1 Beds ⋅ 3 Baths ⋅ X13635054 MLS

Welcome to this versatile mixed-use Building (MRC Zoning) with modern finishes and exceptional visibility, offering a unique opportunity for business owners, investors, or live-work entrepreneurs looking for an office space or studio. The main level is thoughtfully designed with a warm and inviting reception area, complete with a stylish 2-piece bath and convenient wet bar. Two private office spaces provide quiet, focused work environments, while the spacious, open-concept area is ideal for team collaboration or client meetings. With double doors, this versatile space can also serve as additional private offices if needed. Downstairs, the finished basement includes a full 4-piece bathroom and a flexible area thats ideal as a staff lunchroom, storage space, or bonus workspace. Upstairs, discover an oversized 1-bedroom, 1-bath apartment. With its own private entrance, this self-contained unit boasts a spacious living area, in-suite laundry, a fabulous finished loft space and separate hydro meter. One gas/water meter for whole building. Additional highlights include wheelchair-accessible rear entry, ample client parking, and a professional yet welcoming atmosphere throughout. Don't miss this rare opportunity to own a stylish, multi-functional property thats as practical as it is impressive.

255 Kent Street W, Kawartha Lakes

$669,000

4 Beds ⋅ 3 Baths ⋅ X13562006 MLS

Well maintained brick DUPLEX on a desirable corner lot in the heart of Bobcaygeon, just a short walk to shops, restaurants, the waterfront, and local amenities. Ideal for investors, multi generational families, or owner occupants looking to offset expenses, this property offers two self contained units with separate entrances, hydro meters, laundry, and smart thermostats. The main floor suite features approximately 1,200 sq. ft. with 2 bedrooms, 2 bathrooms, an open concept living and dining area with bay windows, wainscoting, and a propane fireplace. The updated kitchen opens to a bright sunroom overlooking the private patio, gazebo, and landscaped backyard. The upper suite includes 2 bedrooms, 1 bathroom, a renovated kitchen, newer flooring , a spacious family room, and a covered screened in balcony. Outside, enjoy a beautifully landscaped yard, private patio and gazebo, parking for up to four vehicles, and low-maintenance living. With quality updates and strong income potential, this is an exceptional opportunity in the heart of Bobcaygeon.

53 Helen Street, Kawartha Lakes

$759,000

7 Beds ⋅ 4 Baths ⋅ X13556418 MLS

Welcome to 23 Queen Street in the heart of Lindsay-an exceptional opportunity to acquire a turn-key, fully occupied detached fourplex offering an attractive 8% cap rate and approximately 2,600 sq. ft. of living space. Meticulously maintained inside and out, this impressive two-storey investment property features approximately 9-foot ceilings on the main floor, a welcoming front veranda, side deck and three parking spaces. The four units include a main-floor one-bedroom apartment with a 3-piece bathroom, approximately 600 sq. ft.; an upper-level two-bedroom apartment with a loft and 4-piece bathroom, approximately 1,100 sq. ft.; a rear one-bedroom apartment overlooking the neighbouring parkette with a 3-piece bathroom, approximately 440 sq. ft.; and a lower-level two-bedroom apartment with a 3-piece bathroom, approximately 456 sq. ft. Each unit is equipped with a fridge and stove, while tenants provide their own air-conditioning units, helping reduce the landlord's maintenance responsibilities. Individual waste and recycling bins are also allocated to each unit for added convenience. Fully occupied by excellent tenants, with annual fire inspections completed and the property maintained to current standards, this is an ideal addition to any investment portfolio. It also offers an excellent owner-occupancy opportunity, allowing a purchaser to live in one unit while rental income from the remaining units helps offset housing expenses. Conveniently situated adjacent to a park for added privacy and quiet enjoyment, just three blocks from vibrant downtown Lindsay and close to shops, restaurants, schools, groceries, Ross Memorial Hospital, riverfront walking paths and the year-round Victoria Rail Trail. Minutes from Sturgeon Lake, Ken Reid Conservation Area and major routes connecting to Peterborough, Durham, York Region and the GTA.

23 Queen Street, Kawartha Lakes

$2,750,000

12 Beds ⋅ 15 Baths ⋅ X13491558 MLS

Excellent investment opportunity featuring a fully tenanted, 15-unit apartment building on just under 3 acres together with a 15.9-acre vacant land parcel with a concept plan for 10 residential lots located in the Hamlet of Little Britain near Lindsay, north of Port Perry. Offered for sale together, these unique properties combine strong in-place cash flow with future development potential. The 15-unit apartment building consists of 12 one-bedroom units and 3 studio units and currently generates approximately $186,000 in annual gross income and approximately $122,000 in NOI. Fourteen of the fifteen units are separately metered. Six units have been renovated, providing investors with an opportunity for future rental growth through the renovation of the remaining units. New roof installed in 2023. Included in the offering is an approximately 15.9-acre vacant land parcel with a completed concept plan for 10 residential lots, offering additional long-term potential for investors, developers, or land bankers. Rarely does a property offer the combination of stable income, value-add potential, and future development opportunities in one package.

479 Eldon Road, Kawartha Lakes

$459,999

4 Beds ⋅ 2 Baths ⋅ X13418964 MLS

Welcome to 13 Eva Street, located in the heart of vibrant Fenelon Falls. This spacious two-storey duplex offers approximately 1,800 sq ft of living space and is perfectly suited for homeowners seeking additional income or savvy investors. Featuring 4 bedrooms and 2 bathrooms, the property offers a functional layout with plenty of space for comfortable living. Nestled on a quiet cul-de-sac, you'll enjoy added privacy while still being just steps to shops, restaurants, and local amenities. The detached garage provides additional storage or workspace, adding to the home's versatility. Whether you're looking to live in one unit and rent the other, expand your investment portfolio, or make this home, this is an excellent opportunity in a sought-after Kawartha Lakes community.

13 Eva Street, Kawartha Lakes

$699,900

6 Beds ⋅ 3 Baths ⋅ X13018336 MLS

Where Character, Comfort & Cash Flow Come Together .Some properties just have a presence... and this one welcomes you in from the moment you arrive. With its classic gabled rooflines and wraparound porch, there's a warmth here that's hard to replicate-a place that feels like home the second you see it. Behind that charming exterior sits a well-cared-for legal triplex, offering a beautiful balance of lifestyle and investment. Whether you're expanding your portfolio or stepping into ownership, this is the kind of property that quietly does the work for you. Inside, you'll find three self-contained, above-grade units, each with its own personality and practical layout .A generous 3-bedroom suite with flexibility to add additional bathroom space or private laundry .A refreshed 2-bedroom unit featuring balcony access and its own laundry area A cozy, updated 1-bedroom suite complete with private laundry .Each unit is individually metered for gas and hydro, keeping things simple and efficient, while ample on-site parking for 6 vehicles adds everyday convenience tenants appreciate. Thoughtful exterior improvements, including updated siding and roof (2017), provide peace of mind and long-term value. Perfectly positioned in Lindsay, this home is close to all the essentials-hospital, transit, schools, shopping, and College making it a location that continues to attract quality tenants. This is more than just a triplex ,,it's a property with soul, stability, and the kind of charm that stands out in today's market.

16 St David Street, Kawartha Lakes

4075 County Rd 121 N/A N, Kawartha Lakes

$536,000

4 Beds ⋅ 5 Baths ⋅ X12807702 MLS

2 Bedroom apartment available for Owner occupancy approx. 1,700 sq.ft., live here and let the Tenants pay your Mortgage! Current Fire Inspection Report complete, all compliant! Investment opportunity in the Heart of Kinmount. This building has been well maintained andcared for. Offering 2 Commercial opportunities on the main floor, with long term Tenant in place in the one unit. The main floor also offers a well appointed studio apartment. The upper building has a 2 Bedroom apartment, occupied with long term Tenant, and a one bedroom occupied Dec.1. These units are a great source of income with the mix of Commercial and Residential uses. Kinmount thrives both Winter and Summer, being on the Rail trail for the adventure snow machines and atv's, and summer attracts a huge support from the Cottage Community. The holding tank is located for easy access and a pump out is approx.$360.00. Updated electrical includes 2-200 amp panels for the building. Seller take back mortgage available with 35% down, and commercial bank interest to get you started!

4075 County Rd 121 N/A N, Kawartha Lakes

$649,000

8 Beds ⋅ 5 Baths ⋅ X12705334 MLS

Located on one of Lindsay's main streets, 157 Lindsay Street South offers an excellent opportunity for investors or owner-operators seeking a centrally located multi-unit property in the heart of Kawartha Lakes. This legal non-conforming four-plex provides flexible income potential just minutes from downtown shops, public transit, Fleming College, parks, and essential services.The property features character-filled interiors with original hardwood flooring in many units, a functional multi-unit layout, and a generous lot measuring approximately 62 x 217 feet offering future development or expansion potential. With its prime location, versatile use, and strong long-term upside, this property presents a solid opportunity to secure a multi-residential asset in one of Lindsay's most accessible and in-demand areas. New boiler late 2025, New Soffit And Fascia 2017, New Shingled Roof 2011, Most Windows Updated 2005 To 2008, Separate entrances. Separate hydro meters.

157 Lindsay Street S, Kawartha Lakes

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