93 Northern Avenue, Trent Lakes

$424,900
93 Northern Avenue

$424,900

New
2d
DetachedBungalow

93 Northern Avenue, Trent Lakes

Total Monthly Obligation $2,228

Beds
2
Baths
1
Park
4
Sqft
700-1100
DOM
2d
Score
22
Yield
5.5%
Cash on Cash
0.1%
Cap Rate
4.6%
5Y IRR
15.6%
10Y IRR
14.7%
Property Type-Detached
MLS® Number-X14104514
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-100 × 200 ft
Listed on site-Oct 21, 2026
Style-Bungalow
Building Type-Detached
Taxes-$1,668 (2025)
Parking-5 - Detached
Basement-Crawl Space
Heating-Forced Air (Propane)
Brokerage-Ball Real Estate Inc.
Cooling-None
Laundry-No
Fireplace-Propane
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Metal
Foundation-Block
Sewer-Septic
Possession-Flexible
Neighbourhood-Trent Lakes
Title-Residential Freehold

No agent assigned

Enjoy affordable country living across from beautiful Little Bald Lake! Whether you're a first-time buyer, looking to downsize, or ready to enjoy a quieter pace of life, this well-maintained 2-bedroom, 1-bathroom home offers comfort, privacy, and convenience on a spacious, level 0.46-acre lot. Inside this 1,033 sqft. bungalow, the open-concept kitchen and living room feature a cozy propane fireplace and flow into a generously sized dining room, perfect for entertaining family and friends. The spacious primary bedroom offers a private walkout to the back deck overlooking the beautifully landscaped yard and peaceful fishpond. Across from the primary bedroom is the second bedroom and 4pc bathroom. A practical laundry/mudroom with laundry sink provides direct access to the newer front deck. The detached 11'11" x 17' garage, offers convenient parking and additional storage. Additional features include a durable metal roof, drilled well, septic system, and a new electrical breaker panel being installed. Located on a municipally maintained, year-round road directly across from Little Bald Lake and close to two nearby boat launches, this property provides easy access to boating, fishing, and the Trent-Severn Waterway. Enjoy the beauty and recreation of the Kawarthas without the waterfront price tag. An excellent opportunity to embrace the cottage-country lifestyle while staying close to local amenities and year-round conveniences.

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

Closing Costs

Mortgage Amount
$339,920
Land Transfer Taxes$4,973
Legal Fees (Est.)
$
Total cash required for closing$91,453

Total Monthly Obligation

$2,228/mo
Mortgage $1,714
Monthly Loss $1,777
Principal$451
Interest$1,263
Property Tax$139
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.2%2
5-Year IRR
10.8%41
10-Year IRR
11.2%
Returns Index
21.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$23,400/yr
NOI
$14,892/yr
Net Cash Flow
-$473/mo
Cash Margin
-24.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo74
Risk Index
34.3/ 100

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

Comparables

Properties near 93 Northern Avenue

Time

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