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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 Kawartha Lakes (Fenelon Falls), Ontario K0M1N0

Google Maps
2
Baths
4,130
Sq. Ft.
$875,000
Active Multi-family MLS# 27869068

Property Details

Basic Information
MLS® ID: 27869068
Listing ID: X11952177
Status: Active
Bathrooms: 2
Living Area: 4,130 Sq. Ft.
Last Updated: May 6, 2025
Location
Full Address: 18 Oak Kawartha Lakes (Fenelon Falls), Ontario K0M1N0
City: Kawartha Lakes (Fenelon Falls)
Province/State: Ontario
Postal Code: K0M1N0
Country: Canada
Coordinates: 44.5371742, -78.7388916
Property Details
Property Type: Multi-family
Heating: Baseboard heaters
Cooling: Partially air conditioned
Utility Information
Water Source: Municipal water

Financial Details

Detail Amount
List Price $875,000
Price Per Sq Ft $211.86
Annual Tax Amount $3,409

Property Features & Amenities

Property Location

Kawartha Lakes (Fenelon Falls) 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. (id:58062)