19A West Street N Penthouse 1, Kawartha Lakes

$750,000
19A West Street N Penthouse 1

$750,000

New
22d
Condo ApartmentApartment

19A West Street N Penthouse 1, Kawartha Lakes

Total Monthly Obligation $4,444

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
22d
Score
15
Yield
4.6%
Cash on Cash
-9.8%
Cap Rate
2.5%
5Y IRR
7.9%
10Y IRR
8.6%
Property Type-Condo Apartment
MLS® Number-X13848880
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Taxes-$5,728.93 (2025)
Maintenance-$741.1/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-SOTHEBY'S INTERNATIONAL REALTY CANADA
Cooling-Central Air
Laundry-Yes
Fireplace-Yes
Pool-None
Exterior-Concrete
Foundation-Concrete
Possession-Immediate
Neighbourhood-Fenelon Falls
Title-Residential Condo & Other

No agent assigned

Incredible Price Improvement! Previously $799,000, now offered at $750,000 making this luxurious lifestyle more attainable. Welcome to the Balsam House, Penthouse #1. The penthouse floor boasts 10 foot ceilings and fewer suites per floor given the sense of space the moment the elevator door opens. The suite has upgraded finishes with quartz counter tops and matching backsplash for a sleek look . An island with pendant lights and upgraded pot lights throughout. Soaring 10 foot ceilings and extra large fireplace elevate the living space. This suite is 1232 square feet featuring 2 bedrooms & 2 bathrooms and in-suite laundry and 2 Parking Spots ( 1 indoor and 1 surface) The primary has double closets, 4 piece ensuite with glass shower & double sinks. The 2nd bedroom is a great size acting as a 2nd primary with a 70 square foot walk in closet with it's own window! Utilize as a closet & flexed office space. The 4 piece bath is directly across from 2nd bedroom and there is great separation of space between bedrooms. Bright and airy with beautiful views. Access to the terrace from the living room and primary bedroom. The lake views from this terrace are SPECTACULAR complete with (BBQ hookup). There is enough space for a dining table for 4 plus a chaise. Shared amenities include a clubhouse, gym, outdoor salt water pool, tennis/pickleball courts, and private dock area for residents with planned finger docks for daytime use. This is a pet friendly community with dog wash station in the parking garage. Maintenance free living, the snow is removed, the grass is cut and all the outdoors and indoor amenities are taken care of, giving you more time to do things you love. Discover the charming town of Fenelon Falls. Just a short stroll from the Fenelon Lakes Club, you'll find unique shops, delightful dining, and rejuvenating wellness experiences. Conveniently located 20 minutes from Lindsay and Bobcaygeon, and only 90 minutes from the GTA.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$600,000
Land Transfer Taxes$11,475
Legal Fees (Est.)
$
Total cash required for closing$162,975

Total Monthly Obligation

$4,444/mo
Mortgage $3,025
Monthly Loss $3,648
Principal$796
Interest$2,229
Property Tax$477
Condo Fees$741
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.6%0
5-Year IRR
5.1%11
10-Year IRR
7.0%
Returns Index
6.9/ 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
$34,848/yr
NOI
$14,341/yr
Net Cash Flow
-$1,830/mo
Cash Margin
-63.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.403
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
18.5/ 100

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

Comparables

Properties near 19A West Street N Penthouse 1

Time

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