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27 Prospect Street

27 Prospect Street

Selwyn, ON

2 bed • 1 bath • approx. 1100-1500 sqft • Detached • 36 days on market

$349,900

Attention investors! Rare opportunities like this don't come along often. Located in the heart of the highly sought-after Village of Lakefield, this 2-bedroom, 1-bathroom home sits on a large, serviceable lot with municipal water and sewer. This property is ideally suited for investors looking to secure an asset for the future. The home is currently occupied by tenants. The generous lot size presents exciting possibilities down the road, subject to municipal approvals. Whether your long-term vision includes redevelopment, expansion, or simply holding a property in a community where demand continues to grow, this property offers an excellent opportunity to invest in a prime location.Lakefield remains one of the region's most desirable places to own real estate, known for its welcoming small-town atmosphere, vibrant downtown, excellent schools, local shops, restaurants, parks, and easy access to the Trent-Severn Waterway. Just a short drive to Peterborough while surrounded by lakes, trails, and recreational opportunities, it's easy to see why demand for property in the area continues to remain strong.

Listing Details

Taxes (2025)
$2,145
Listed
July 22, 2026

Price History

Listing history

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Property

Style
1 1/2 Storey
Age
100+
Construction
Aluminum Siding
Roof
Metal
Foundation
Concrete, Stone
Interior
Storage
Lot Size
94.7 x 151.91 Feet

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Strickland Street and Prospect Street
Parcel Number
284030182
Possession
Flexible

Commercial

Occupancy
Tenant

Included

Exclusions
Tenant belongings
Rental Items
Hot water tank

Schools

Elementary

  • St. Paul Catholic Elementary School1.5 km

    Catholic · Peterborough Victoria Northum Clarington CDSB · 195 students

    Grade 3 reading: 50% met the provincial standard · Grade 6 math: 27% met the provincial standard

  • Lakefield District Public School1.9 km

    Public · Kawartha Pine Ridge DSB · 630 students

    Grade 3 reading: 54% met the provincial standard · Grade 6 math: 30% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area K0L

Population
78,142
Private dwellings
48,786
Median age
54
Average household size
2.3
Median household income
$79,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Selwyn · last 12 months

Median sold price
$675,000
Homes sold
243
Median days on market
28
Sale-to-list price
95.6%

Based on 243 recorded sales of residential freehold properties in Selwyn over the last 12 months.

Listed by

Ball Real Estate Inc.

Location

Mortgage Calculator

$69,980

Estimated Monthly Payment

$1,719

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,719/mo (20% down, 5.5%)

Taxes: $179/mo · Insurance: $87/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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