4075 County Rd 121 Rd N
Kinmount, Kawartha Lakes, K0M 2A0
FOR SALE
$655,000
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4
BEDROOMS5
BATHROOMS3
KITCHENS12
ROOMSX11994893
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Property Description
Investment opportunity in the Heart of Kinmount. This building has been well maintained and cared for. Offering 2 Commerical opportunites on the main floor, with long term Tenant in place in the one unit. The main floor also offers a well appointed studio apartment. The upper building has a 2 Bedroom apartment, occupied with long term Tenant, and a one bedroom apartment ready for occupancy. These units are a great source of income with the mix of Commercial and Residential uses. Electrical, Plumbing, upgraded rocksal insulation upstairs, downstairs and walls only 2 years old! New deck and stairs off upper units with a shared hallway and seperate entrances, 2 hotwater tanks owned. Kinmount thrives both Winter and Summer, being on the Rail trail for the adventure snow machines and atv's, and summer attracts a huge support from the Cottage Community. The holding tank is located for easy access capacity 2,000 gallons with warning switch for easy maintenance. Updated electrical includes 2-200 amp panels for the building. NOI approx. $55,000per year.
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Property Features
Beach, Campground, River/Stream, Waterfront
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
40' x 88'
Acreage
< .50
Lot Irregularities
44.94 FT of frontage at back
Fronting
West
Taxes
$1,798 (2024)
Basement
Crawl Space, None
Exterior
Metal/Side, Vinyl Siding
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Other
Water
Municipal
Parking Spaces
4
Driveway
Available
Garage Type
None
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Kawartha Lakes Market Statistics
Kawartha Lakes Price Trend
4075 County Rd 121 Rd N is a 4-bedroom 5-bathroom home listed for sale at $655,000, which is $157,428 (19.4%) lower than the average sold price of $812,428 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Kawartha Lakes increased by $69,628 (9.4%) compared to the previous 30 day period (December 22 - January 20) and down $145,072 (15.2%) from the same time one year ago.Inventory Change
There were 17 4-bedroom homes listed in Kawartha Lakes over the last 30 days (January 21 - February 19), which is down 5.6% compared with the previous 30 day period (December 22 - January 20) and down 5.6% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Kawartha Lakes typically sold ($3,914) (0.5%) below asking price over the last 30 days (January 21 - February 19), which represents a $18,626 increase compared to the previous 30 day period (December 22 - January 20) and ($26,237) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Kawartha Lakes over the last 30 days (January 21 - February 19) stood at 41.2%, up from 27.8% over the previous 30 days (December 22 - January 20) and down from 44.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Kawartha Lakes stood at 66 days when successfully sold over the last 30 days (January 21 - February 19), compared to 87 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Frank Real Estate
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