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Financial Details
Detail | Amount |
---|---|
List Price | $Contact for Price |
Price Per Sq Ft | $212 |
Property Features & Amenities
Area Features & Amenities
Close to waterfront Access to outdoor activities Community-oriented Community Centre Parks Shopping RestaurantsCultural & Historical Insights
Feng Shui
The property is likely to face east or northeast, which is considered auspicious for inviting positive energy and prosperity.
Numerology
The address number 18 reduces to 9 (1+8), which is associated with wisdom, compassion, and humanitarianism.
Historical Facts
- Fenelon Falls has a rich history dating back to the 1800s, known for its beautiful waterfalls and as a hub for local agriculture.
- The area has developed into a popular tourist destination, attracting visitors for its natural beauty and recreational activities.
Community Character
Fenelon Falls is a vibrant community known for its friendly atmosphere, strong local culture, and a mix of seasonal and year-round residents. The area is family-friendly, with a strong focus on outdoor activities and community events.
Community-oriented in 18 Oak, Kawartha Lakes
Community-oriented in 18 Oak, Kawartha Lakes
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. (id:58062)
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