1 Heritage Way 207, Kawartha Lakes

$412,000
1 Heritage Way 207

$412,000

New
9d
Condo ApartmentApartment

1 Heritage Way 207, Kawartha Lakes

Total Monthly Obligation $2,579

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
9d
Score
18
Yield
5.6%
Cash on Cash
-6.7%
Cap Rate
3.1%
5Y IRR
10.3%
10Y IRR
10.5%
Property Type-Condo Apartment
MLS® Number-X14033264
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$2,486.76 (2026)
Maintenance-$510/mo
Locker-Exclusive
Parking-1 - Surface
Basement-None
Heating-Baseboard (Electric)
Brokerage-RE/MAX Rouge River Realty Ltd.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Possession-30/60
Neighbourhood-Lindsay
Title-Residential Condo & Other

No agent assigned

Welcome to Heritage Gardens, a sought-after condominium conveniently located in the heart of Lindsay. This updated corner unit offers two spacious bedrooms, two bathrooms, an open layout and plenty of natural light. The living room flows seamlessly into the dining room and kitchen, while the versatile den provides a bright space for a home office. This carpet-free unit features hardwood floors, updated bathrooms and in-unit laundry, along with an exclusive parking spot and locker.The Heritage Way West development offers fantastic amenities, including an outdoor pool, multiple party rooms, exercise rooms, BBQ areas, a library, an overnight guest room and visitor parking. The meticulously maintained grounds are adorned with flowers and trees. The low monthly maintenance fee, currently $510.00, includes water (excluding the A/C unit meter), common elements and building insurance.Just minutes from Ross Memorial Hospital, Lindsay Square Mall, schools, restaurants and everyday conveniences, this is a wonderful option for those looking to downsize and enjoy low-maintenance living in a beautifully kept building that reflects pride of ownership.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$329,600
Land Transfer Taxes$4,715
Legal Fees (Est.)
$
Total cash required for closing$88,615

Total Monthly Obligation

$2,579/mo
Mortgage $1,662
Monthly Loss $2,142
Principal$437
Interest$1,225
Property Tax$207
Condo Fees$510
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.7%0
5-Year IRR
6.7%17
10-Year IRR
8.2%
Returns Index
9.7/ 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
$22,872/yr
NOI
$9,578/yr
Net Cash Flow
-$864/mo
Cash Margin
-45.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
29.0/ 100

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

Comparables

Properties near 1 Heritage Way 207

Time

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