10 Milner Court, Kawartha Lakes

$640,000
10 Milner Court

$640,000

New
15d
DetachedBungalow-Raised

10 Milner Court, Kawartha Lakes

Total Monthly Obligation $3,344

Beds
4
Baths
3
Park
2
Sqft
1100-1500
DOM
15d
Score
18
Yield
4.7%
Cash on Cash
-4.6%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Detached
MLS® Number-X13876454
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-40.09 × 103.77 ft
Listed on site-Oct 8, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$4,643.03 (2026)
Parking-3 - Attached
Basement-Apartment, Walk-Up, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX Jazz INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Lindsay
Title-Residential Freehold

No agent assigned

Exceptional flexibility in this 2015 raised bungalow, tucked away on a quiet court in one of Lindsay's newer neighbourhoods. Featuring a legal accessory apartment completed with permits in2017, this home is ideal for multi-generational families, investors, or buyers seeking a mortgage-helping income suite. Approx. 1,300 sq ft upper and 1,000 sq ft lower per MPAC. Both units are accessed from inside the home, allowing it to function seamlessly as one large family residence or as two fully independent units. Separate electrical panels add to the investment appeal. The bright upper level offers 2 bedrooms, a 4pc main bath, 3pc ensuite, cozy gas fireplace and a separate laundry room. The lower level impresses with high ceilings, large windows, 2bedrooms and a 4pc bath, delivering a space that feels anything but below grade. Each unit showcases an open concept kitchen, living and dining area, stainless steel appliances including over-the-range microwave, and its own full-sized laundry. Low-maintenance vinyl and tile flooring throughout, no carpet. Outside, enjoy an attached single car garage, parking for two in the driveway, and a beautifully fenced backyard with garden boxes. Minutes to downtown Lindsay, Ross Memorial Hospital, Fleming College and the Scugog River. A rare, turnkey opportunity in a sought-after location.

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

Closing Costs

Mortgage Amount
$512,000
Land Transfer Taxes$9,275
Legal Fees (Est.)
$
Total cash required for closing$138,775

Total Monthly Obligation

$3,344/mo
Mortgage $2,582
Monthly Loss $2,664
Principal$679
Interest$1,902
Property Tax$387
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.1%24
10-Year IRR
9.2%
Returns Index
13.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$30,000/yr
NOI
$17,857/yr
Net Cash Flow
-$1,094/mo
Cash Margin
-43.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
24.1/ 100

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

Comparables

Properties near 10 Milner Court

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.