18 Oak StPrice Change
Fenelon Falls, Kawartha Lakes
$899,000$875,000
Buy with Dwelly and Save $8,750
Home Details
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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.
Fridge x5, Stove x5, Dishwasher x1, Microwave x2, Coin Washer, Coin Dryer. Furniture in Units 1, 4, 5 negotiable.
City: Kawartha Lakes
Neighborhood: Fenelon Falls
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Jun 29, 2023 | N/A | $799,900 | N/A | Sold | X7117379 |
Rooms
Room dimensions for 18 Oak St, Kawartha Lakes
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 18 Oak St is 4716
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $899000 |
| Down Payment | $179800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $719200 |
Monthly Payment
| Mortgage Payment | $4432 |
| Property Taxes | $284 |
| Maintenance Fees | $0 |
| Monthly Payment | $4716 |
About 18 Oak St, Kawartha Lakes
Located at 18 Oak St , this Kawartha Lakes house is available for sale. This property was listed for $875,000 on Mon Mar 17 2025. This house's size is 3000-3500 Sqft. It has 5 bedrooms and 5 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 6 parking spots. 18 Oak St, Kawartha Lakes is situated in the Fenelon Falls neighbourhood.
MLS#: X11952178 · $875,000 · 5 bedroom house in Fenelon Falls, Kawartha Lakes