$ 999.000
ON Kawartha Lakes
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124 Colborne Street, Kawartha Lakes, ON K0M1N0 Photo 1
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124 Colborne Street, Kawartha Lakes

  • Bedrooms: 8
  • Bathrooms: 5
  • Type: Triplex
  • Added: 63 days ago
  • Updated: 36 days ago
  • Last Checked: 22 hours ago
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. (id:1945)
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Show More Details and Features

Property DetailsKey information about 124 Colborne Street

  • Cooling: Wall unit
  • Heating: Heat Pump, Electric
  • Stories: 3
  • Structure Type: Triplex
  • Exterior Features: Stone, Vinyl siding
  • Foundation Details: Block

Interior FeaturesDiscover the interior design and amenities

  • Basement: Apartment in basement, Separate entrance, N/A
  • Bedrooms Total: 8
  • Bathrooms Partial: 2

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 124 Colborne Street

  • Lot Features: Irregular lot size, Carpet Free, In-Law Suite
  • Water Source: Municipal water
  • Parking Total: 9
  • Parking Features: Attached Garage
  • Building Features: Separate Electricity Meters, Separate Heating Controls
  • Lot Size Dimensions: 88.9 x 206 FT ; 90.66X115.36X6.00X87.36X100.76X202.94

Location & CommunityUnderstand the neighborhood and community

  • Directions: Colborne St & Queen St in Fenelon Falls

Utilities & SystemsReview utilities and system installations

  • Sewer: Sanitary sewer
  • Utilities: Sewer

Tax & Legal InformationGet tax and legal details applicable to 124 Colborne Street

  • Tax Annual Amount: 2790.72
  • Zoning Description: R3-1

Additional FeaturesExplore extra features and benefits

  • Property Condition: Insulation upgraded
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members of The Canadian Real Estate Association

Nearby Listings Stat

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Days on Market
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Max Sold Price
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Avg Sold Price
$0
Days until Sold
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More Details?
  • WEISAM S SALEH
  • EXP REALTY
  • 437-253-7773

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