ON > Kawartha Lakes > Fenelon Falls
Kawartha Lakes, ON K0M 1N0,124 Colborne ST
Kawartha Lakes, ON K0M 1N0,124 Colborne ST
Kawartha Lakes, ON K0M 1N0,124 Colborne ST
Kawartha Lakes, ON K0M 1N0,124 Colborne ST
Kawartha Lakes, ON K0M 1N0,124 Colborne ST
Kawartha Lakes, ON K0M 1N0,124 Colborne ST
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Mahesh Khatri

Mahesh Khatri

+1(416) 464-6568
$ 995,000
Est. payment | /mo

5 Beds

5 Baths

Save Virtual Tour
$ 995,000
Est. payment | /mo
Save Virtual Tour

5 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision Fenelon Falls

MLS Listing ID X11983609

Style 3-Storey

Bedrooms 5

Annual Tax Amount $2,886

Tax Year 2024

Property Sub-Type Triplex

Property Description

This fully renovated legal triplex in the heart of Fenelon Falls offers a rare opportunity for investors, house hackers, or families looking for multi-generational living. Spanning 3,100 sq. ft., the property features two 3-bed, 2-bath units and one 2-bed, 1-bath unit, each with separate entrances and hydro meters. Investors will appreciate the strong rental income potential of $7,500+ per month, an 8.4% cap rate, and up to 13% cash-on-cash return, while home buyers can live in one unit and rent the others to offset mortgage costs. Designed with premium finishes, each unit includes soundproofing, solid wood kitchen cabinets, quartz countertops, and high-end appliances, offering modern comfort and long-term durability. Located just steps from downtown, the falls, parks, trails, shops, and restaurants, this property is ideal for long-term tenants or short-term Airbnb rentals, maximizing cash flow. Sitting on an expansive 88x206 ft lot, theres future upside with the potential to add 1-2 ADUs for even greater rental income. Vacant possession allows you to move in or select your own tenants from day one. Whether you're looking for a high-yield investment, a house hack opportunity, or a home that accommodates extended family, this property checks all the boxes. View the Virtual Tour and book your showing today!

Location

Province ON

County Kawartha Lakes

Community Fenelon Falls

Area Kawartha Lakes

Rooms

Family Room No

Basement Separate Entrance, Apartment

Kitchen 3

Separate Den/Office 3

Interior

Interior Features Carpet Free, Separate Hydro Meter, Storage, Upgraded Insulation, In-Law Suite, Separate Heating Controls, Primary Bedroom - Main Floor

Cooling Wall Unit(s)

Fireplace No

Heat Source Electric

Exterior

Exterior Feature Landscaped, Privacy, Private Pond, Year Round Living

Parking Features Private Triple

Garage Spaces 1.0

Pool None

Roof Type Asphalt Rolled,Asphalt Shingle

Lot Frontage 88.87

Lot Depth 206.0

Total Parking Spaces 9

Building

Foundation Block

Others

Virtual Tour https://listings.getonelook.com/124-Colborne-St-Kawartha-Lakes-ON-K0M-1N0-Canada

Listed by EXP REALTY
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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124 Colborne ST