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!
Property Type:
Residential Freehold
Property Sub Type:
Triplex
Home Style:
3-Storey
Total Approx Floor Area:
3000-3500
Lot Size:
<.50
Depth:
206'62.8 m
Frontage:
88'10½"27.1 m
Lot Shape:
Irregular
Direction Faces:
West
Bedrooms:
5+3
Bathrooms:
5.0
Water supply:
Municipal
Kitchens:
3
Kitchens in Basement:
1
Bedrooms Above Grade:
5
Bedrooms Below Grade:
3
Kitchens Above Grade:
2
Rooms Above Grade:
11
Rooms Below Grade:
6
Ensuite Laundry:
No
Zoning:
R3-1
Heating type:
Heat Pump
Heating Fuel:
Electric
Foundation:
Block
Roof:
Asphalt Rolled, Asphalt Shingle
Basement:
Separate Entrance, Apartment
Fireplace/Stove:
No
Garage:
Attached
Garage Spaces:
1.0
Parking Features:
Private Triple
Parking Spaces:
8
Total Parking Spaces:
9.0
Family Room:
No
Lot Irregularities:
90.66X115.36X6.00X87.36X100.76X202.94
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$2,886.02 /
2024
Assessment:
$- /
-
Kawartha Lakes
Fenelon Falls
Kawartha Lakes
Carpet Free, Separate Hydro Meter, Storage, Upgraded Insulation, In-Law Suite, Separate Heating Controls, Primary Bedroom - Main Floor
Landscaped, Privacy, Private Pond, Year Round Living
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