Kawartha Lakes, ON K0M 1N0,18 Oak ST
Kawartha Lakes, ON K0M 1N0,18 Oak ST
Kawartha Lakes, ON K0M 1N0,18 Oak ST
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$875,000
Est. payment /mo
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2 Baths
4,130 SqFt
Active

18 Oak ST Kawartha Lakes, ON K0M 1N0

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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 4,130 sqft

Price per Sqft $211

Subdivision Fenelon Falls

MLS Listing ID X11952177

Building Age 100+

Annual Tax Amount $3,409

Tax Year 2024

Property Sub-Type Investment

Lot Depth 144.56

Lot Front 76.75

Property Description

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.

Location

Province ON

County Kawartha Lakes

Community Fenelon Falls

Area Kawartha Lakes

Interior

Cooling Partial

Exterior

Community Features Recreation/Community Centre

Utilities Available Yes

Lot Frontage 76.75

Lot Depth 144.56


Listed by Keller Williams Signature Realty, Brokerage

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agent

Kenneth Yim

Broker of Record | License ID: 9524831

+1(416) 651-5653

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