33 Colborne St

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.

Immaculately maintained 6-plex investment opportunity at 70 Wellington St, Lindsay, Ontario! This prime property boasts three spacious 2-bedroom units and three cozy 1-bedroom units, making it a versatile income generator. Nestled in a fantastic neighbourhood, your tenants will love the convenience of being close to downtown and various amenities. Pride of ownership shines through, with meticulously maintained grounds and the added bonus of triple glazed thermal windows. This owner's dedication to upkeep is evident, ensuring your investment is in top-notch condition. Plus, the shingles were just replaced in 2021, adding even more value to this exceptional property.