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Edin Taravati

Sales Representative
Homelife Landmark Realty Inc, Brokerage Independently owned and operated. 7240 Woodbine, Markham, Ontario L3R 1A4 Cell: 647-233-7778Office: 905-305-1600

$1,950,000
Available - For Sale
Listing ID: X8472988
42-44 COLBORNE St , Kawartha Lakes, K0M 1N0, Ontario


Discover a lucrative investment opportunity in downtown Fenelon Falls! This expansive property, ideally situated on the high-traffic northeast corner, combines commercial & residential spaces across nearly 10,000 sq ft, with coveted C1 zoning. The building features a unique layout: 4 commercial units on the main floor & 4 residential units on the top floor, all currently occupied by stable tenants eager to remain. recent upgrades include fresh paint (2018), a durable flat metal roof, updated residential flooring, modernized kitchens and baths, & new breaker panels in the basement. Additional amenities include a full unfinished basement for ample storage, a new electric forced air furnace, central air conditioning for commercial spaces, and efficient electric baseboard heating for residential units. residents benefit from a shared coin-operated laundry facility. This property represents not only a sound investment but also a strategic foothold in the heart of Kawartha Lakes. With immediate income potential and promising future growth, seize the opportunity to own a piece of this thriving community. Schedule your viewing today to explore all that this property has to offer!
Price $1,950,000
Taxes: $4803.00
Tax Type: Annual
Assessment: $274000
Assessment Year: 2023
Occupancy by: Own+Ten
Address: 42-44 COLBORNE St , Kawartha Lakes, K0M 1N0, Ontario
Postal Code: K0M 1N0
Province/State: Ontario
Legal Description: SEE REMARKS
Lot Size: 44.17 x 115.40 (Feet)
Directions/Cross Streets: Colborne St down town
Category: Multi-Use
Use: Retail Store Related
Building Percentage: Y
Total Area: 0.12
Total Area Code:  Acres
Retail Area: 50
Retail Area Code: %
Area Influences: Rec Centre  
Sprinklers: N
# Trailer Parking Spots: 6
Rail: N
Heat Type: Elec Forced Air
Central Air Conditioning: N
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ALL-STARS REALTY INC.
Personal Picture
Edin Taravati
Sales Representative
Dir:
647-233-7778
Bus:
905-305-1600
 
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At a Glance:
Type: Com - Commercial/Retail
Area: Kawartha Lakes
Municipality: Kawartha Lakes
Neighbourhood: Fenelon Falls
Style:
Lot Size: 44.17 x 115.40(Feet)
Approximate Age:
Tax: $4,803
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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