506 Hart Road Callander, Ontario P0H 1H0
$599,900
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. (id:44373)
Property Details
| MLS® Number | X11971170 |
| Property Type | Multi-family |
| Community Name | Callander |
| Easement | Unknown |
| Equipment Type | Propane Tank |
| Features | Irregular Lot Size, Rolling |
| Parking Space Total | 8 |
| Rental Equipment Type | Propane Tank |
| Structure | Deck |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 2 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 4 |
| Amenities | Fireplace(s) |
| Appliances | Water Heater, Water Treatment, Dishwasher, Dryer, Two Stoves, Two Washers, Two Refrigerators |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (finished) |
| Cooling Type | Air Exchanger |
| Exterior Finish | Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Foundation Type | Block |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 1 |
| Size Interior | 1,100 - 1,500 Ft2 |
| Type | Duplex |
| Utility Water | Drilled Well |
Land
| Access Type | Year-round Access |
| Acreage | Yes |
| Sewer | Septic System |
| Size Depth | 438 Ft ,8 In |
| Size Frontage | 328 Ft ,1 In |
| Size Irregular | 328.1 X 438.7 Ft |
| Size Total Text | 328.1 X 438.7 Ft|2 - 4.99 Acres |
| Zoning Description | Ru |
Utilities
| Cable | Installed |
| Wireless | Available |
| Electricity Connected | Connected |
| Telephone | Nearby |
https://www.realtor.ca/real-estate/27911478/506-hart-road-callander-callander
Contact Us
Contact us for more information
Jarrod Pandolfo
Salesperson
117 Chippewa Street West
North Bay, Ontario P1B 6G3
(705) 472-2980
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
March 10 2025 08:27:33
North Bay and Area REALTORS® Association
Royal LePage Northern Life Realty, Brokerage