102 Albert Street, Kawartha Lakes

$1,195,000
102 Albert Street

$1,195,000

New
23d
DetachedBungalow-Raised

102 Albert Street, Kawartha Lakes

Total Monthly Obligation $5,514

Beds
3
Baths
2
Park
4
Sqft
1500-2000
DOM
23d
Score
15
Yield
3.2%
Cash on Cash
-9.1%
Cap Rate
2.6%
5Y IRR
8.4%
10Y IRR
9.0%
Property Type-Detached
MLS® Number-X13845658
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-225 × 156.19 ft
Listed on site-Sep 30, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$3,825 (2025)
Parking-6 - Attached
Basement-Finished, Full
Heating-Forced Air (Oil)
Brokerage-RE/MAX HALLMARK YORK GROUP REALTY LTD.
Cooling-None
Laundry-No
Fireplace-Wood Stove
Pool-None
Facing-South
Exterior-Stone
Roof-Shingles
Foundation-Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-Bexley
Title-Residential Freehold

No agent assigned

This beautiful property is a west-facing year-round waterfront home, directly across the Gull River from Indian Point Provincial Park. 946 hectares of protected Crown land with one of the longest undeveloped shorelines in the Kawartha Lakes! The view across the water is permanent. No future development opposite. Just protected forest and shoreline, sunsets every night. Approximately 225 ft of irregular water frontage wraps the property on a private peninsula with sandy, natural shoreline. The Gull River opens directly to Balsam Lake - the highest point on the Parks Canada-managed Trent-Severn Waterway, with navigable access to Cameron, Sturgeon, Pigeon, and beyond. Approximately 1,796 sqft above grade plus a fully finished lower level. Approx 900+ sqft west-facing patio over the water. The main floor offers three bedrooms (two with cathedral ceilings, one overlooking the water), two updated 3-piece bathrooms with glass walk-in showers, and kitchen with cathedral ceiling and stainless appliances. Hardwood through the principal living spaces. The great room walks out to the huge patio above the river. A separate family room walks straight out to the shore.The fully finished lower level adds a recreation room with wood stove, a dedicated office, a study, and a laundry/utility room - genuine four-season living space. A wet double boathouse holds two fishing boats or one larger boat under cover. A covered front porch and a 2-car tandem attached garage round out the package.Year-round municipal road. Quiet dead-end street. 90 minutes to the GTA. A hidden dog fence included. Suitable as a full-time residence, weekend retreat, or short-term rental.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$956,000
Land Transfer Taxes$20,375
Legal Fees (Est.)
$
Total cash required for closing$260,875

Total Monthly Obligation

$5,514/mo
Mortgage $4,820
Monthly Loss $4,246
Principal$1,268
Interest$3,552
Property Tax$319
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.5%0
5-Year IRR
5.7%13
10-Year IRR
7.2%
Returns Index
8.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$37,800/yr
NOI
$25,695/yr
Net Cash Flow
-$2,679/mo
Cash Margin
-85.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo27
Risk Index
16.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 102 Albert Street

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