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Callander,ON P0H 1H0
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Callander
MLS Listing ID X11971170
Style Bungalow
Bedrooms 4
Annual Tax Amount $4,490
Tax Year 2024
Lot Size 2.000 Acres
Property Sub-Type Duplex
Property Description
Sitting on almost 2.5 acres is this beautiful, purpose built duplex that currently generates a fantastic return on investment. Professionally built in 2018, there is a 2 bedroom apartment on the upper floor with 2 full bathrooms including an ensuite. The lower level has 2 bedrooms and one bathroom. Both units are bright, with lots of natural light. The upper level is currently leased out for $2,350 plus utilities and the lower one rented for $1,750 plus utilities. That's $4,100 a month in gross income. Factor in taxes and insurance and you still have over a 7% cap rate. A perfect addition to any portfolio. This also has the option of it being owner occupied with a tenant helper or multigenerational living arrangements. Beautiful property offering lots of privacy while only being 10 minutes from the town of Callander.
Location
Province ON
County Parry Sound
Community Callander
Area Parry Sound
Zoning RU
Rooms
Family Room Yes
Basement Finished,Separate Entrance
Kitchen 2
Separate Den/Office 2
Interior
Interior Features Accessory Apartment,Air Exchanger,Propane Tank,Water Heater,Water Treatment
Cooling None
Fireplaces Number 1
Fireplaces Type Propane
Inclusions 2 Fridges, 2 stoves, 2 washers, 2 dryers, 2 dishwashers.
Exterior
Exterior Feature Deck
Parking Features Private
Pool None
View Trees/Woods
Roof Type Asphalt Shingle
Lot Frontage 328.08
Lot Depth 438.66
Total Parking Spaces 8
Building
Foundation Concrete Block
Others
Security Features Smoke Detector