124 Colborne St

Kawartha Lakes | Fenelon Falls | K0M 1N0
  • 5 + 3
  • 5
  • 0

$999,000

Est. Mtg $3,387 /mo
  • Days on market

    64

  • Status

    New

Listing Broker EXP REALTY
Since listed: 1 views

Home details

MLS #:

X9358851

Property type:
Triplex
Style:
3-Storey
Taxes:
$2,791
Possession:
Lot Front:
88.87   Feet
Lot Depth:
206.0   Feet
Basement:
Apartment | Sep Entrance
Driveway Pkg:
8
Heat:
Electric | Heat Pump

Description


124 Colborne St, , Kawartha Lakes, Ontario is a Triplex property in Kawartha Lakes and in the Fenelon Falls community in the K0M 1N0 postal code


Investors Ready to add a fully renovated, income-generating property to your portfolio? Agents Have clients looking to house hack? 5 Reasons You Will Love This Home: 1) Fully Renovated Legal Triplex - This rare find has approximately 3,300 sqft of living area, with separate entrances and hydro for each unit, offering a potential gross monthly income of $7,800. With an 8.75% Cap rate and a potential 12.95% Cash on Cash return, this property is truly an investor's dream. 2) Modern High-Quality Finishes - Features two 3-bedroom, 2-bath units and one 2-bedroom, 1-bath unit. Each unit boasts premium upgrades including soundproofing, solid wood kitchen cabinets, quartz countertops, and high-end appliances. 3) Prime Location - Just steps from in-town amenities, including shops, restaurants, parks, trails, beach, and the falls, making it an excellent opportunity for Airbnb rentals, increasing the property income potential. 4) Expansive Lot - Sitting on a large 88x206 ft lot, there's potential to add 1-2 Additional Dwelling Units (ADUs), further enhancing the value and rental capacity. 5) Vacant Possession - Take immediate control and select your own tenants for this fully renovated property. Don't miss out on this exceptional investment opportunity in the heart of Fenelon Falls! Please view the Virtual Tour..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2021-05 2021-11 $499,900 $499,900 Exp X5225929
2023-06 2023-09 $474,900 $449,000 Exp X6629362
2024-07 2024-09 $485,000 $485,000 Ter X9014600
2024-09 2024-11 $485,000 $474,900 Pc X9310273
2024-09 2024-09 $999,000 $999,000 New X9358851

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Kawartha Lakes :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 124 Colborne St

Based on available 3rd party data

$3755

Approximate costs per month

Mortgage
$3387 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$232 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker EXP REALTY
Data Source: TRREB

Payment calculator

$3620 monthly. In association with: TD Bank
%
  • Principal and Interest
    3387 /mo
  • Property Taxes
    $232 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Emmalay Rattana, Realtor

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