18 Oak Street, Kawartha Lakes, ON K0M 1N0
For Sale
39 days on Market
MLS® X12826554
1 / 20
Overview
Active
Rare 5-Plex in the heart of Fenelon Falls! This income-producing property features 5 x 1-Bed Units generating $6,856/month and $82,272 annually, with upside to $102,000. A prime investment offering turnkey income with separate entrances, hydro meters, and plenty of parking. Located on historic Oak Street beside. 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, a master key system with smart locks for seamless management, and over $100k in upgrades over the last 5 years. Recent updates include kitchens, baths, and modern finishes, with Units 1, 4, and 5 fully updated and furnished. Tenants pay their own electric heat and hydro, keeping utilities low. Upgrades include windows, plumbing, some kitchens, baths, flooring, and heat pumps (2023) for Units 4 and 5, complementing the existing electric baseboard heating. Coin laundry is available in the basement. 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.
Bedrooms
6
Bathrooms
5.0
Area
3,250 sqft
Lot Size
25.5 acres
Type
Multiplex
Property Details
Year Built1926
CityKawartha Lakes
Postal CodeK0M1N0
Lot Dimensions7675.00 × 144.56 ft
Parking6 spaces
Interior Features
Heat: Baseboard
Heat Source: Electric
Cooling: Wall Unit(s)
Style: 3-Storey
Exterior & Land
Sewer: Sewer
Construction: Board & Batten , Other
Roof: Asphalt Shingle
Utilities & Services
Heat SourceElectric
SewerSewer
18 Oak Street, Kawartha Lakes, ON K0M 1N0
Purchase Calculator
$739,900.00
$155,379.00
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4.70%
🧾 Amortization
30 years
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Net Mortgage$0.00
Interest paid over term$0.00
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Effective Amortization30 Years
Property Location
18 Oak Street, Kawartha Lakes, ON K0M 1N0
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