51 Rivermill Boulevard 103, Kawartha Lakes

$419,900
51 Rivermill Boulevard 103

$419,900

New
15d
Condo Apartment1 Storey/Apt

51 Rivermill Boulevard 103, Kawartha Lakes

Total Monthly Obligation $2,679

Beds
1
Baths
1
Park
2
Sqft
600-699
DOM
15d
Score
24
Yield
7.5%
Cash on Cash
1.6%
Cap Rate
4.9%
5Y IRR
16.9%
10Y IRR
15.7%
Property Type-Condo Apartment
MLS® Number-X13878800
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 8, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-16-30
Taxes-$2,736 (2025)
Maintenance-$557/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Unknown
Possession-1-29 days
Neighbourhood-Lindsay
Title-Residential Condo & Other

No agent assigned

Welcome to 51 Rivermill, a beautiful waterfront community nestled along the Scugog River in Lindsay. This inviting first floor 1-bedroom, 1-bath condo offers comfortable, low maintenance living with the added benefit of your own private patio overlooking the beautifully maintained grounds. The bright and spacious living room provides a comfortable place to relax and unwind, while the adjoining dining area is perfect for enjoying meals or entertaining guests. The well-appointed kitchen offers plenty of cabinetry and workspace, making everyday cooking both practical and enjoyable. The generous bedroom provides a peaceful retreat with ample closet space. Step outside to your private patio and enjoy the peaceful surroundings, or take advantage of the community's fantastic amenities, including an indoor pool, fitness facilities, tennis courts and social spaces. Private docking is also available for residents. With two underground parking spaces, a private storage locker and utilities included in the maintenance fees, this home offers exceptional convenience. Enjoy the beautiful waterfront setting with trails along the Scugog River, while Lindsay's shops, restaurants and everyday amenities are just a short distance away. A wonderful opportunity for comfortable, carefree living in a welcoming community.

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

Closing Costs

Mortgage Amount
$335,920
Land Transfer Taxes$4,873
Legal Fees (Est.)
$
Total cash required for closing$90,353

Total Monthly Obligation

$2,679/mo
Mortgage $1,694
Monthly Loss $2,233
Principal$446
Interest$1,248
Property Tax$228
Condo Fees$557
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-4.0%3
5-Year IRR
12.7%55
10-Year IRR
12.9%
Returns Index
28.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$31,680/yr
NOI
$16,692/yr
Net Cash Flow
-$303/mo
Cash Margin
-11.5%0
Cash Flow Index
0.5/ 100
Risk Profile
Weight: 20%
DSCR
0.8215
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
31.5/ 100

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

Comparables

Properties near 51 Rivermill Boulevard 103

Time

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Data last updated within the past 24 hours.