8 Unit Mixed Use Commercial Residential for Sale, Fenelon Falls,

Desired Downtown location in Popular Fenelon Falls. 4 Season Tourist Attraction Destination, Lock 34 along Trent Severn Waterway. Snowmobiling, ATVing, Ice Fishing in winter months, Amazing Shopping and Community based Activity in Spring, Summer and Fall. Fully Tenanted Building with Anchor Tenant in an 8 year lease. 4 Commercials main Flr. 4 Residentials 2nd Flr. Upgrades include, New Roof 2016, New Energy Efficient Windows 2017, 2 new EE Funaces, 3 Residential Bathrooms, 4 Commercial Washrooms, New insulation, New hardwood/ lamanent Flooring, New appliances for 4 units. Many many more upgrades including 8 individual Hydro meter panels completed by Hydro One. This opportunity is very unique as Income potential is not at full capacity, yet building upgrades are at a point where not much more to do. Great investment with Annual net Income over 100K, cap rate 5.7%. Taxes are $4900.00 per year. Expenses are water and hydro for common areas only $150 each per month. Currently listed with Remax Heather Ahrens 705 344 4235.