124 Colborne
Fenelon Falls | Kawartha Lakes
$999,000.00
Listed 18 days ago
- 5 bed
- 5 bath
- 3000-3500 sqft
- 9.0 parking
- Triplex
Instant Estimate
$977,606
-$21,395 compared to list price
Upper range
$1,137,642
Mid range
$977,606
Lower range
$817,569
Property history
- Now
- Listed on Sep 19, 2024
Listed for $999,000.00
18 days on market
- Jul 5, 2024
- 3 months ago
Terminated
Listed for $485,000.00 • 2 months on market
- Jun 30, 2023
- 1 year ago
Expired
Listed for $449,000.00 • 3 months on market
Location & area
Schools nearby
Home Details
- 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.
- Additional media
- https://listings.getonelook.com/124-Colborne-St-Kawartha-Lakes-ON-K0M-1N0-Canada?mls=
- Property taxes
- $2,790.72 per year / $232.56 per month
- Basement
- Apartment
- Basement
- Sep Entrance
- Year build
- -
- Type
- Triplex
- Bedrooms
- 5 + 3
- Bathrooms
- 5
- Parking spots
- 9.0 Total | 1.0 Garage
- Floor
- -
- Balcony
- -
- Pool
- None
- External material
- Stone
- Roof type
- -
- Lot frontage
- -
- Lot depth
- -
- Heating
- Heat Pump
- Fire place(s)
- N
Listing Brokerage
- MLS® Listing
- X9358851
- Brokerage
- EXP REALTY
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