Key Facts
- MLS® #: 40579312
- Property ID: SIRC1837267
- Property Type: Residential, House
- Living Space: 1,700 sq.ft.
- Lot Size: 2.38 ac
- Year Built: 1990
- Bedrooms: 3
- Bathrooms: 3
- Parking Spaces: 6
- Listed By:
- Coldwell Banker The Real Estate Centre Brokerage
Property Description
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.
Rooms
- TypeLevelDimensionsFlooring
- Kitchen With Eating AreaMain14' 4" x 17' 5.8"Other
- Living roomMain11' 10.1" x 14' 4.8"Other
- BathroomMain7' 10" x 4' 9.8"Other
- BedroomMain11' 10.9" x 10' 11.8"Other
- Laundry roomMain6' 7.1" x 14' 9.9"Other
- Primary bedroom2nd floor10' 4" x 12' 11.9"Other
- Bonus Room2nd floor8' 9.9" x 7' 1.8"Other
- Mud RoomMain8' 9.9" x 5' 8.1"Other
- KitchenMain8' 6.3" x 11' 10.9"Other
- BedroomMain7' 8.9" x 8' 5.1"Other
- BathroomMain5' 10.2" x 8' 5.9"Other
- Laundry roomMain7' 4.9" x 8' 2.8"Other
- Solarium/SunroomMain10' 7.8" x 10' 7.8"Other
Listing Agents
Request More Information
Request More Information
Location
3 Rankin Lake Road, Seguin, Ontario, P2A 0B2 Canada
Around this property
Information about the area within a 5-minute walk of this property.
Request Neighbourhood Information
Learn more about the neighbourhood and amenities around this home
Request NowPayment Calculator
- $
- %$
- %
- Principal and Interest 0
- Property Taxes 0
- Strata / Condo Fees 0
Apply for Mortgage Pre-Approval in 10 Minutes
Get Qualified in Minutes - Apply for your mortgage in minutes through our online application. Powered by Pinch. The process is simple, fast and secure.
Apply Now