10 Alexander Avenue Kawartha Lakes, Ontario K0M 1L0

$798,000

Let the property pay all your mortgage and expenses! Buy one property and own 4 detached houses! Endless potential either stay in the main house (2br1full wash with amazing lakeview) and run the Parkview Resort for rest 3 cabins to cover all your mortgage, expenses and make a profit on it! Or take it as a turnkey investment opportunity generate 6.7% CAP income. Sitting at the conner across the Kennedy Bay Park with deeded access to Sturgeon Lake. Un-Obstacle lakeview! the property features beach and dock access, boating, fishing, swimming, and stunning sunset views. Currently operating as a profitable seasonal vacation rental from May-October and mid-term accommodation during the off-season, this property combines lifestyle and income potential. The resort includes a main cottage plus three additional cabins. With a proven rental history, flexible multi-unit layout, and strong seasonal income potential, Parkview Resort is ideal for investors, vacation rental operators, or families seeking a lakeside retreat in the Kawartha Lakes. According to the Grandfather Law, the current rental use does not require an annual short-term rental license fee, offering additional value and reduced operating costs. (id:60365)

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https://www.realtor.ca/real-estate/29820376/10-alexander-avenue-kawartha-lakes-fenelon-fenelon