ON > Kawartha Lakes (fenelon Falls) > Fenelon Falls
Kawartha Lakes (fenelon Falls), ON K0M1N0,18 OAK STREET
Kawartha Lakes (fenelon Falls), ON K0M1N0,18 OAK STREET
Kawartha Lakes (fenelon Falls), ON K0M1N0,18 OAK STREET
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Aaron MacRae

Aaron MacRae

+1(403) 852-2260
$799,900
Est. payment /mo
2 Baths
3,375 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,375 sqft

Price per Sqft $237

Subdivision Fenelon Falls

MLS® Listing ID X12254588

Source The Oakville, Milton & District Real Estate Board

Property Description

Rare 5-Plex in the heart of Fenelon Falls! This income-producing property features 5 x 1-Bed Units generating $6,700/month and $80,000 annually, with upside to $105,000. A prime investment offering turnkey income with separate entrances, hydro meters, and plenty of parking. Located on historic Oak Street beside the vibrant downtown district, this 3300+ sq ft building offers over $150K in recent upgrades. Three fully furnished units allow you to maximize income, ideal for short or long-term tenants. Spanning over 3300sf, the property features separate hydro meters, six parking spaces, and a master key system with smart locks for seamless management. Recent renovations include kitchens, baths, and modern finishes, with Units 1, 4, and 5 fully updated and furnished.With a current estimated annual income of $80,000 and a potential income of $105,000, this property delivers strong cash flow and equity growth.Tenants pay their own electric heat and hydro, keeping utilities low. Upgrades include windows, plumbing, and heat pumps (2023) for Units 4 and 5, complementing the existing electric baseboard heating. Coin laundry is available in the basement for additional income.Situated steps from downtown Fenelon Falls, this property boasts stunning views of the Trent-Severn Locks and is close to all major amenities. Financials available upon request. Three units are currently vacant (short-term rentals). (id:24570)

Location

State ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters

Cooling Partially air conditioned

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 6

Private Pool No

Others

Virtual Tour https://photos.app.goo.gl/HPBkNCFJ3as4WiMc8

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Aaron MacRae

Agent

+1(403) 852-2260

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