For Sale

42-44 COLBORNE Street Unit# 42, Kawartha Lakes (Fenelon Falls), Ontario K0M1N0

$1,950,000

42-44 COLBORNE Street Unit# 42, Kawartha Lakes (Fenelon Falls), Ontario K0M1N0 is For Sale and has a listing price of 1,950,000. The property is located in the Kawartha Lakes neighbourhood. It's been on the website for 91 Days.

  • Retail
    Property Type
  • MLS ID: X8472988
  • Office Name RE/MAX ALL-STARS REALTY INC.
Property Description

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! (id:43137)

Property Details
  • MLS ID: X8472988
  • Price: $1,950,000
  • Transaction Types: For Sale
  • Ref ID: 27084391
  • Year Built: N/A
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
06/24/2024 X8472988 $1,950,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Kawartha Lakes
  • $897,534 Average List Price
    based on 1 year
  • 387 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 82.46 % Up
  • Sold (12mo) 650
  • Rented (12mo) 81

  • 1 Month Change +5.3%
  • 3 Month Change +3.0%
  • 6 Month Change +5.1%
Walkscore
  • 62 Walk Score
    Somewhat Walkable
  • 42 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    81.18%
  • All Houses/Commercial
    0.13%
  • Commercial
    12.14%
  • Condo
    3.18%
  • Land for Sale
    3.36%
Additional Details
  • Heat Source Electric
  • Heating System Forced Air
  • Water Municipal Water
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 24/06/2024 00:00:00
  • Zoning R-5
  • Agent Name: HEATHER JO AHRENS
  • Last Updated: 03/09/2024 23:41:20
Open House Dates
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