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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EXIT REALTY SUNSET, BROKERAGE
20 Pigeon Lake Rd, Lindsay, ON K9V 4R6
Office
705 878 3948
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