40 Caroline Street, Kawartha Lakes

$799,900
40 Caroline Street

$799,900

New
23d
Detached2-Storey

40 Caroline Street, Kawartha Lakes

Total Monthly Obligation $3,859

Beds
2
Baths
2
Park
6
Sqft
1500-2000
DOM
23d
Score
17
Yield
3.8%
Cash on Cash
-6.9%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Detached
MLS® Number-X13863280
Beds-2
Bathrooms-2
Size-1500-2000 sqft
Lot Size-132 × 136.9 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$3,093 (2025)
Parking-10 - Detached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-Re/Max All-Stars Realty Inc.
Cooling-None
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Metal
Foundation-Stone
Sewer-Sewer
Possession-flexible
Neighbourhood-Lindsay
Title-Residential Freehold

No agent assigned

Check out the multi media link button for full video! Charm and character abound in this fully updated circa 1880's farm house centrally located in Lindsay on a massive mature lot with towering maples. Hickory hardwood floors throughout main rooms; cozy sunroom with gas fireplace; spacious and bright living room with built-in electric fireplace and ceiling beams and open to dining area; two tone kitchen cabinetry and Dekton countertops grace the eat-in kitchen along with a double ceramic farmhouse sink and new appliances; main floor laundry with luxurious 3 piece bath; beautiful oak staircase to second floor; primary bedroom with custom closet (refinished doors from carriage house) and hickory hardwood floors; additional bedroom and stunning spa-like 4 piece bath; exceptional outdoor entertaining space complete with interlock , gardens and trees all professionally done. Night time ambiance with professional landscape lighting present a curb appeal surpassed by none. Rest and relax by a fire and cozy up with your refreshment and chat about the days activities. Wake up and enjoy your coffee on a covered front porch and watch the world go by. A detached restored carriage house completely renovated with separate electrical service, soffit, fascia, metal roof and custom stairs to loft area. (New garage doors coming!) Updates to the home include new gas furnace, all new electrical & new electrical service to the street, plumbing throughout home plus to the street including sewer line and water line, all new blown insulation, new metal roof, Smart Home thermostats, new eaves and leaf guards, new front side porch and back side porch with stone pillars, landscape lighting with transformer and Bluetooth connections. NOTE: Double lot may qualify for lot severance - buyer to make own inquiries. Attention to detail abounds through the home and carriage house renovations. This home is literally worry free for many years and is a wonderful place to call home.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$639,920
Land Transfer Taxes$12,473
Legal Fees (Est.)
$
Total cash required for closing$173,953

Total Monthly Obligation

$3,859/mo
Mortgage $3,227
Monthly Loss $3,010
Principal$849
Interest$2,378
Property Tax$258
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.1%1
5-Year IRR
6.9%18
10-Year IRR
8.1%
Returns Index
10.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$30,240/yr
NOI
$19,623/yr
Net Cash Flow
-$1,591/mo
Cash Margin
-63.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.1/ 100

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

Comparables

Properties near 40 Caroline Street

Time

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Data last updated within the past 24 hours.