INVESTMENT INCOME and/or MULTI-GEN LIVING OPPORTUNITY. Private lot. A tenanted, 2-unit residential income property. Main home is detached, 3-bedroom. 2nd unit is detached, legal 2-bedroom apartment. Infrastructure and utilities for both units up-to-date – no large upfront expenditures necessary. Main house is open concept kitchen & dining area but ready to be upgraded / remodelled. Main also includes a self-contained 1-bedroom suite with its own kitchen, bathroom and laundry room. The 2nd unit is a legal, detached apartment, more recently built with 1000 sq. ft. living area. Utilities service both units: the gas furnace (2018) & new water boiler (2023), radiant in-floor heating (glycol) and hot water (heat exchanger). Long-life shingles installed on both units (2019). New septic system & septic bed (2021) service to both units. Located 10 minutes awayfrom town of Parry Sound. Access the Sequin Rail Trail from your backyard or drive 2 minutes down the road to Oastler Lake Provincial Park. Georgian Bay approx 20 minutes away. Ask your Realtor for income/expenses. (id:4069)
Address
3 RANKIN LAKE Road
List Price
$639,900
Property Type
Single Family
Type of Dwelling
House
Area
Ontario
Sub-Area
Seguin
Bedrooms
3
Bathrooms
3
Floor Area
1,700 Sq. Ft.
Lot Size
2.38 Sq. Ft.
Year Built
1990
MLS® Number
40660366
Listing Brokerage
Michael St. Jean Realty Inc.
Basement Area
Crawl space (Unfinished)
Postal Code
P2A0B2
Zoning
C3
Site Influences
Airport, Beach, Golf Nearby, Hospital, Place of Worship, Schools, Shopping
Features
Crushed stone driveway, Country residential, In-Law Suite
