$1,499,888
Kawartha Lakes
21 Oriole Road, Kawartha Lakes (Fenelon Falls), Ontario, K0M1N0
This 8-bedroom, 7-bathroom home in Kawartha Lakes is for sale.
Welcome to a waterfront opportunity. A gorgeous 4 season cottage/home and 5 other cottages for the entire extended family or an incredible investment that will reap great returns. This type of opportunity does not present it self often. This Property can be used as a multifamily compound, where multiple generations can spend summers together, in their own privacy with 6 buildings being located on the property. This is an incredible investors opportunity, Property generates great rental income with many return guest for the past few years and many booked for this year. Your chance to own a dream property on Cameron Lake with unbelievable sunsets, boating on the Trent Severn waterway, ATV and snowmobile trails at your doorstep, all located within a town with all amenities needed for a relaxed convenient lifestyle. This property offers a beautifully renovated 4 bedroom, 2 bathroom home with lake views from kitchen and living room, along with two separate, 2 bedroom cottages fully renovated and ready to make money. There are also 3 Brand new 15'x15' Bunkies with lofts ready to go to work. The income opportunities are endless with summertime lake fun, Spring and Fall ATV tourists and snowmobile trails in the winter. The large 1.049 acre lot with very attractive zoning and access from two roads and massive redevelopment happening all around, could create an opportunity to turn this investment into something incredible in the near future. This is truly a beautiful property Has been operating for the past few seasons and see a high return rate, well booked for this upcoming season, Please contact Listing agent for more details. Please watch video tour for all photos of all 6 budlings Floor plans are also available via virtual tour link. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 141 days on market, against an average age of 79 days across the listings currently for sale in this city
This 8-bed single family in Kawartha Lakes (Fenelon Falls) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,499,888, about 18.7× the local median household income of $80,000.
Carrying it typically needs a household income of about $292,981 (20% down, 25-yr amortization, stress-tested) — roughly 266% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0M)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.