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Callander,ON P0H 1H0
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2 sqft
Price per Sqft $299,950
Subdivision Callander
MLS Listing ID X11971461
Annual Tax Amount $4,490
Tax Year 2024
Property Sub-Type Investment
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
Interior
Cooling No
Inclusions 2 Fridges, 2 stoves, 2 washers, 2 dryers, 2 dishwashers
Exterior
Utilities Available None