Turnkey Investment Opportunity In Downtown Fenelon Falls!! Extensively Renovated & Well Maintained Property. 8 Units (2-2 Bdrms & 6-1 Bdrm) In 3 Buildings On A Large 1/2 Acre Corner Lot. High Demand/Low Vacancy Area. 2018 Rental Income: $100,733; 2018 Expenses: $31,121; Net Income: $69,612; Cap Rate: 7%. Phase-1 Environmental Completed 2017. Lots Of Parking. Walking Distance To All Amenities & Public Beach. Pls Do Not Disturb Tenants Or Walk Property.
Extras: 8 Fridges, 8 Stoves, 2 Rangehood Microwaves, 2 Wardrobe Cabinets: All Window Blinds; New Windows & Doors (2015-2017) New Roof (2018); All Units Renovated (2015-2017) Except 1 With Long-Term Tenant; Storage Garage; 2 Hwt (Owned) & 1 Hwt (R).
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Toronto Real Estate Board - IDX Last Updated: 2/19/2019 9:02:03 PM