INVESTMENT & INCOME OPPORTUNITY. A tenanted 2-unit residential income property: main detached 3-bdrm house (1700 sq ft) and legal detached 2-bdrm apartment (1000 sq ft). 10-min south of Parry Sound. Main house is o/c kitchen & dining area, with living-room, main floor bedroom and laundry/mud room. A covered 3-season sun-room leads out to open front deck. At ground level in the rear of main house there is a 1-bdrm suite with its own kitchen, bathroom and laundry room. The 2nd floor has the primary bedroom with cathedral ceiling, en-suite bathroom, and a small deck with a western exposure. Adjacent to primary bedroom is a smaller room, perfect for a child, office or large walk-in closet. The detached apartment unit is a modern 2-bdrm, 1000 sq ft living area, with o/c kitchen & living room, 10' ceilings and extensive built-in shelving. Bathroom with a walk-in glass shower. Outside there is small covered storage area and ample space for parking. The gas furnace (2018) & new water boiler (2023) supply radiant in-floor heating (glycol) and hot water (heat exchanger) to both buildings. Long-life shingles installed on both units (2019). New septic system & septic bed (2021). From this private setting you can access the Sequin Rail Trail directly or drive 2 minutes down the road to Oastler Lake Provincial Park. Georgian Bay is approx 20 minutes away. Total monthly income from both units is $4,800.00. Tenant leases expire November 30, 2025. No vacant possession. Landlord pays all utilities. 2023 annual expenses: Hydro $1,450.00; Gas heating & hot water $2,855.00; Driveway snow removal $1600.00; Property tax $1,382.97. No garbage and recycle pick up, however Brooks Rd Waste Transfer is a 2-min drive away (tenants handle this). Appliances included: 3 x stoves, 3 x range hoods, 2 x dishwashers, 1 x washer, 1 x dryer, 2 x stackable washer/dryers. Good property for immediate income and investment. Good for future multi-generational living arrangements. 24-hour notice for showings. (id:45412)
MLS® Number | 40579312 |
Property Type | Single Family |
Amenities Near By | Airport, Beach, Golf Nearby, Hospital, Place Of Worship, Schools, Shopping |
Community Features | Quiet Area, School Bus |
Equipment Type | None |
Features | Crushed Stone Driveway, Country Residential, In-law Suite |
Parking Space Total | 6 |
Rental Equipment Type | None |
Structure | Porch |
Bathroom Total | 3 |
Bedrooms Above Ground | 3 |
Bedrooms Total | 3 |
Appliances | Dishwasher, Dryer, Refrigerator, Stove, Water Softener, Washer, Hood Fan, Window Coverings |
Basement Development | Unfinished |
Basement Type | Crawl Space (unfinished) |
Constructed Date | 1990 |
Construction Style Attachment | Detached |
Cooling Type | Wall Unit |
Exterior Finish | Vinyl Siding, See Remarks |
Fire Protection | Smoke Detectors, Security System |
Fixture | Ceiling Fans |
Foundation Type | Block |
Heating Fuel | Natural Gas |
Heating Type | Radiant Heat, Hot Water Radiator Heat |
Stories Total | 2 |
Size Interior | 1700 Sqft |
Type | House |
Utility Water | Drilled Well |
Access Type | Water Access, Road Access, Highway Access |
Acreage | Yes |
Land Amenities | Airport, Beach, Golf Nearby, Hospital, Place Of Worship, Schools, Shopping |
Sewer | No Sewage System |
Size Depth | 489 Ft |
Size Frontage | 126 Ft |
Size Irregular | 2.38 |
Size Total | 2.38 Ac|1/2 - 1.99 Acres |
Size Total Text | 2.38 Ac|1/2 - 1.99 Acres |
Zoning Description | C3 |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Second Level | Bonus Room | 7'2'' x 8'10'' | ||
Second Level | Full Bathroom | 10'0'' x 5'11'' | ||
Second Level | Primary Bedroom | 13'0'' x 10'4'' | ||
Main Level | Sunroom | 10'0'' x 10'0'' | ||
Main Level | Laundry Room | 8'3'' x 7'5'' | ||
Main Level | 3pc Bathroom | 8'6'' x 5'1'' | ||
Main Level | Bedroom | 8'5'' x 7'9'' | ||
Main Level | Kitchen | 11'11'' x 8'0'' | ||
Main Level | Mud Room | 5'8'' x 8'10'' | ||
Main Level | 4pc Bathroom | 4'10'' x 7'10'' | ||
Main Level | Laundry Room | 14'10'' x 6'7'' | ||
Main Level | Bedroom | 11'0'' x 11'11'' | ||
Main Level | Living Room | 14'5'' x 11'10'' | ||
Main Level | Kitchen/dining Room | 17'6'' x 14'4'' |
Cable | Available |
Electricity | Available |
Natural Gas | Available |
Telephone | Available |
https://www.realtor.ca/real-estate/26821608/3-rankin-lake-road-seguin
Contact us for more information
Geoff Link
Salesperson
(705) 722-8191
(705) 722-8147
www.CBTheRealEstateCentre.com