3 Bedroom
3 Bathroom
1700 sqft
Wall Unit
Radiant Heat, Hot Water Radiator Heat
Acreage
$689,900
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:31697)
Property Details
|
MLS® Number
|
40579312 |
|
Property Type
|
Single Family |
|
AmenitiesNearBy
|
Airport, Beach, Golf Nearby, Hospital, Place Of Worship, Schools, Shopping |
|
CommunityFeatures
|
Quiet Area, School Bus |
|
EquipmentType
|
None |
|
Features
|
Crushed Stone Driveway, Country Residential, In-law Suite |
|
ParkingSpaceTotal
|
6 |
|
RentalEquipmentType
|
None |
|
Structure
|
Porch |
Building
|
BathroomTotal
|
3 |
|
BedroomsAboveGround
|
3 |
|
BedroomsTotal
|
3 |
|
Appliances
|
Dishwasher, Dryer, Refrigerator, Stove, Water Softener, Washer, Hood Fan, Window Coverings |
|
BasementDevelopment
|
Unfinished |
|
BasementType
|
Crawl Space (unfinished) |
|
ConstructedDate
|
1990 |
|
ConstructionStyleAttachment
|
Detached |
|
CoolingType
|
Wall Unit |
|
ExteriorFinish
|
Vinyl Siding, See Remarks |
|
FireProtection
|
Smoke Detectors, Security System |
|
Fixture
|
Ceiling Fans |
|
FoundationType
|
Block |
|
HeatingFuel
|
Natural Gas |
|
HeatingType
|
Radiant Heat, Hot Water Radiator Heat |
|
StoriesTotal
|
2 |
|
SizeInterior
|
1700 Sqft |
|
Type
|
House |
|
UtilityWater
|
Drilled Well |
Land
|
AccessType
|
Water Access, Road Access, Highway Access |
|
Acreage
|
Yes |
|
LandAmenities
|
Airport, Beach, Golf Nearby, Hospital, Place Of Worship, Schools, Shopping |
|
Sewer
|
No Sewage System |
|
SizeDepth
|
489 Ft |
|
SizeFrontage
|
126 Ft |
|
SizeIrregular
|
2.38 |
|
SizeTotal
|
2.38 Ac|1/2 - 1.99 Acres |
|
SizeTotalText
|
2.38 Ac|1/2 - 1.99 Acres |
|
ZoningDescription
|
C3 |
Rooms
| 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'' |
Utilities
|
Cable
|
Available |
|
Electricity
|
Available |
|
Natural Gas
|
Available |
|
Telephone
|
Available |
https://www.realtor.ca/real-estate/26821608/3-rankin-lake-road-seguin
