3 RANKIN LAKE Road, Seguin, Ontario P2A0B2 is For Sale and has a listing price of 689,900. The property is located in the Seguin neighbourhood. It's been on the website for 145 Days.
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:43137)
List Date | MLS ID | List Price | Status | End Date | Closed Price |
---|---|---|---|---|---|
04/29/2024 | 40579312 | $689,900 | For Sale | - | - |
04/29/2024 | X8294852 | $689,900 | For Sale | - | - |
Bonus Room - Second | 7'2'' x 8'10'' |
Full bathroom - Second | 10'0'' x 5'11'' |
Primary Bedroom - Second | 13'0'' x 10'4'' |
Sunroom - Main | 10'0'' x 10'0'' |
Laundry room - Main | 8'3'' x 7'5'' |
3pc Bathroom - Main | 8'6'' x 5'1'' |
Bedroom - Main | 8'5'' x 7'9'' |
Kitchen - Main | 11'11'' x 8'0'' |
Mud room - Main | 5'8'' x 8'10'' |
4pc Bathroom - Main | 4'10'' x 7'10'' |
Laundry room - Main | 14'10'' x 6'7'' |
Bedroom - Main | 11'0'' x 11'11'' |
Living room - Main | 14'5'' x 11'10'' |
Kitchen/Dining room - Main | 17'6'' x 14'4'' |