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)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X11971461 |
| Property Type | Multi-family |
| Community Name | Callander |
| Features | Irregular Lot Size |
| Parking Space Total | 8 |
Building
| Bathroom Total | 3 |
| Appliances | Dishwasher, Dryer, Two Stoves, Two Washers, Two Refrigerators |
| Heating Type | Baseboard Heaters |
| Size Interior | 2.48 Acres |
| Type | Multi-family |
| Utility Water | Drilled Well |
Land
| Acreage | No |
| Sewer | Septic System |
| Size Depth | 438 Ft ,7 In |
| Size Frontage | 328 Ft |
| Size Irregular | Bldg=328.08 X 438.66 Ft |
| Size Total Text | Bldg=328.08 X 438.66 Ft |
| Zoning Description | Ru |
https://www.realtor.ca/real-estate/27911818/506-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
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March 10 2025 08:27:33
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