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Kawartha Lakes
18 OAK STREET
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18 OAK STREET $875,000
$875,000
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18 OAK STREET
Kawartha Lakes (Fenelon Falls), Ontario K0M1N0

MLS® Number: X11952178
5 + 1
Bedrooms
5
Bathrooms
3000 - 3500
Square Feet

Listing 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. (39821247)

Location Description

Oak / Water

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
3
Square Footage
3000 - 3500 sqft
Community Name
Fenelon Falls
Land Size
7675 x 144.6 FT|under 1/2 acre
Annual Property Taxes
$3,409.12
Total Parking Spaces
6
Time on REALTOR.ca
47 days

Building

Bedrooms
Above Grade
5
Below Grade
1
Bathrooms
Total
5
Interior Features
Appliances Included
Dishwasher, Dryer, Furniture, Microwave, Stove, Washer, Refrigerator
Basement Type
Full (Partially finished)
Building Features
Foundation Type
Stone
Building Amenities
Fireplace(s), Separate Heating Controls, Separate Electricity Meters
Structures
Deck, Porch
Heating & Cooling
Cooling
Wall unit
Fireplace
1
Heating Type
Heat Pump (Electric)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Wood
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Beach, Marina
Parking
Total Parking Spaces
6

Measurements

Square Footage
3000 - 3500 sqft

Land

Lot Features
Frontage
7675 ft
Land Depth
144 ft ,7 in
Other Property Information
Zoning Description
R5
Waterfront Features
Waterfront
Waterfront
Surface Water
Lake/Pond
Data provided by: The Oakville, Milton & District Real Estate Board 208 - 400 Main Street East, Milton, Ontario L9T 4X5
905-844-7788
Email
Book showing
Keller Williams Signature Realty, Brokerage
Brokerage
245 WYECROFT RD - SUITE 4B
OAKVILLE, Ontario L6K3Y6
905-844-7788
905-784-1012

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