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      • ON
      Kawartha Lakes (Fenelon Falls)
      K0M1N0
      124 COLBORNE STREET
      124 COLBORNE STREET, Kawartha Lakes (Fenelon Falls), ON K0M1N0
      Listing Type
      single family
      Listing Status
      active
      40
      $999,000

      Home Details for 124 COLBORNE STREET

      Price
      $999,000
      Type
      Single Family
      Bedrooms
      8
      Bathrooms
      5.0
      Square feet
      2999
      Lot size acres
      88.9 x 206 FT ; 90.66X115.36X6.00X87.36X100.76X202.94|under 1/2 acre
      Parking
      Attached Garage
      Basement
      N/A
      Days on site
      76
      Listing #
      X9358851_27443951
      Listing courtesy: EXP REALTY
      Property Description

      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:1184)

      Property Features
      • House Interior
        • Irregular lot size
        • Carpet Free
        • In-Law Suite
      • Cooling Information
        • Wall unit
      • Heating Information
        • Heat Pump
      • Parking
        • Attached Garage
      • Basement
        • N/A
      • Fire Place
        • False
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      Median Listing Price
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      Market statistics compiled from data from Canadian Real Estate Association.
      EXIT REALTY SUNSET, BROKERAGE
      20 Pigeon Lake Rd, Lindsay, ON K9V 4R6
      Office
      705 878 3948
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