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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Shaad Bakhtyar

Shaad Bakhtyar

+1(604) 690-7653
$875,000
Est. payment /mo
2 Baths
4,130 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,130 sqft

Price per Sqft $211

Subdivision Fenelon Falls

MLS® Listing ID X11952177

Originating Board The Oakville, Milton & District Real Estate Board

Property Description

Rare Legal 5-Plex in the Heart of Fenelon Falls with 3 Vacant Units! Located on historic Oak Street overlooking the Locks, this grand 5-Unit building is a prime investment opportunity with Five 1-Bedroom Units and over $150K in recent upgrades. Three VACANT fully furnished units allow you to set your own rents, making it 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 new kitchens, baths, and modern finishes, with Units 1, 4, and 5 fully updated and furnished.With a current estimated annual income of $77,000, this property delivers strong cash flow and equity growth.Tenants pay their own electric heat and hydro, keeping utilities low. Upgrades include a new roof (2014), updated windows, 20-year plumbing, and new heat pumps installed in 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. Clean Phase 1 ESA (2021) available. Financials available upon request. (id:24570)

Location

Province 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

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Listed by Keller Williams Signature Realty, Brokerage

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Shaad Bakhtyar

+1(604) 690-7653

Founder | Residential & Land Assembly Specialist

Founder | Residential & Land Assembly Specialist

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