18 Oak St

Kawartha Lakes | Fenelon Falls | K0M 1N0
  • 4130.0 sqft
  • 0 gar

$899,000

Est. Mtg $3,048 /mo
  • Days on market

    59

  • Status

    A

Listing Broker Keller Williams Signature Realty, Brokerage
Since listed: 2 views

Home details

MLS #:

X11952177

Property type:
Investment
Style:
Taxes:
$3,409
Possession:
Flexible
Condo Fee:
Lot Size:
76.75 X 144.56
Zoning:
R5
Use:
Heat:
Baseboard

Description


18 Oak St, , Kawartha Lakes, Ontario is a Investment property in Kawartha Lakes and in the Fenelon Falls community in the K0M 1N0 postal code


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..

Extras

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Payment calculator

$3332 monthly. In association with: TD Bank
%
  • Principal and Interest
    3048 /mo
  • Property Taxes
    $284 /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

Mimmo Galatti, Realtor

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