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$999,000
Available - For Sale
Listing ID: X9358851
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.
Price $999,000
Taxes: $2,790.72
Address: 124 Colborne St , Kawartha Lakes, K0M 1N0, Ontario
Lot Size: 88.87 x 206 (Feet)
Acreage: < .50
Directions/Cross Streets: Colborne St & Queen St in Fenelon Falls
Rooms: 11
Rooms +: 6
Bedrooms: 5
Bedrooms +: 3
Washrooms: 5
Kitchens: 2
Kitchens +: 1
Family Room: N
Basement: Apartment
Sep Entrance
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  2 Main
Washroom 3:  3 2nd
Washroom 4:  3 Ground
Washroom 5:  2 Ground
Property Type: Triplex
Style: 3-Storey
Exterior: Stone
Vinyl Siding
Garage Type: Attached
Drive Parking Spaces: 8
Pool: None
Approximatly Square Footage: 3000-3500
Fireplace/Stove: N
Heat Source: Electric
Heat Type: Heat Pump
Central Air Conditioning: Wall Unit
Laundry Level: Main
Elevator Lift: N
Sewers: Sewers
Water: Municipal
Utilities-Hydro: Y
Utilities-Gas: N
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EXP REALTY

124 Colborne St , Kawartha Lakes, K0M 1N0, Ontario

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Triplex
Area: Kawartha Lakes
Municipality: Kawartha Lakes
Neighbourhood: Fenelon Falls
Style: 3-Storey
Lot Size: 88.87 x 206.00(Feet)
Approximate Age:
Tax: $2,790.72
Maintenance Fee: $0
Beds: 5+3
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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