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Saad Saleem Tabani
Broker of Record & Home Developer

Meet Saad Saleem Tabani

With over a decade of experience in the Canadian housing market and leading many residential development projects. At Bridge we have honed our skills to provide you with a results-driven real estate experience. We build homes, help families Bridge into their next home and navigate complex real estate trends. Learn more

18 Oak Street Kawartha Lakes, Ontario K0M1N0

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6
Beds
5
Baths
$875,000
Active Other

Property Details

Listed Date: February 3, 2025
Bedrooms: 6
Bathrooms: 5
City: Kawartha Lakes
Province: Ontario
Postal Code: K0M1N0

Property Features & Amenities

Above ground pool Air exchanger All Aluminum siding Attached Garage Balcony Baseboard heaters Blinds Block Brick

Area Features & Amenities

Close to waterfront Access to outdoor activities Community-oriented Community Centre Parks Shopping Restaurants

Cultural & 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

Welcome to your dream investment opportunity! This rare Legal 5-Plex is now available as a stunning property for sale in Kawartha Lakes (Fenelon Falls). Nestled on historic Oak Street, this grand building overlooks the picturesque Trent-Severn Locks, offering both breathtaking views and an excellent location for potential tenants. With 3 of the 5 units currently vacant and fully furnished, you have the unique chance to set your own rental rates and cater to both short-term and long-term residents in this charming community.

Impressive Features and Recent Upgrades

Spanning over 3,300 square feet, this property boasts an impressive array of features designed for convenience and comfort. The building consists of five 1-bedroom units, each equipped with separate electricity meters and heating controls, ensuring that tenants enjoy autonomy over their utilities. Recent renovations have transformed Units 1, 4, and 5 into modern, inviting spaces with updated kitchens and bathrooms, complemented by stylish finishes. Furthermore, two new heat pumps were installed in 2023 for Units 4 and 5, enhancing energy efficiency and tenant satisfaction.

This property is not just about aesthetics; it also represents a strong investment opportunity. With an estimated annual income of $77,000, you can look forward to robust cash flow and equity growth. The building has been meticulously maintained, with significant upgrades including a new roof (2014), updated windows, and a 20-year plumbing system. Additionally, coin laundry facilities in the basement provide extra income potential, making this property an attractive option for savvy investors.

Prime Location in Fenelon Falls

Location is key, and this property truly shines in that regard. Situated just steps from downtown Fenelon Falls, it offers easy access to all major amenities, including shops, restaurants, and recreational activities. The surrounding area is rich in natural beauty, with stunning views of the locks and nearby parks, making it a desirable place to live for tenants. The community centre nearby fosters a sense of belonging and encourages an active lifestyle, drawing individuals and families alike to the area.

Don’t miss out on this incredible opportunity to own a profitable property for sale in Kawartha Lakes (Fenelon Falls). With its ideal location, attractive features, and strong income potential, this 5-Plex is more than just a property; it’s a chance to invest in your future. Schedule a viewing today and discover firsthand the possibilities that await you in this remarkable investment!

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