978 Main Street N Callander, Ontario P0H 1H0

5 Bedroom 2 Bathroom 1,500 - 2,000 sqft
Raised Bungalow Fireplace None Baseboard Heaters, Forced Air

$549,000

In the heart of Callander, this property sits on a generous lot in one of the area's most sought-after locations. With easy access to amenities, and the beauty of Lake Nipissing, this is a location that continues to draw people to the region - and opportunities like this are increasingly rare.Currently operating as a duplex, this property offers far more than meets the eye and the upside here is significant. With the potential to convert to a legal triplex over time, pending township confirmation, the growth possibilities are truly exciting for the right buyer. The property is currently tenanted, providing immediate income from day one. Unit #1 is a spacious three-bedroom, generating $1,615 per month plus hydro, while Unit #2 is a beautifully refurbished two-bedroom at $1,950 per month with all utilities included. With a combined gross monthly income of $3,565, this property offers an excellent foundation for buyers looking to maximize their investment. Whether you're a young professional looking to get into the market, a family seeking multi-generational living, or an investor looking to build equity while benefiting from rental income, the possibilities are impressive. It's also an ideal opportunity for professionals relocating to the North Bay area, offering the potential to offset mortgage payments with rental income while putting down roots in a new community. Low property taxes, an expansive lot, strong rental potential, and room to grow make this a standout opportunity in the Callander market. Properties offering this kind of flexibility and income potential are hard to find! Book your private showing today and discover the possibilities this property has to offer! (id:49269)

Property Details

MLS® Number X14098030
Property Type Multi-family
Community Name Callander
Amenities Near By Beach, Golf Nearby, Marina, Schools, Park
Community Features Community Centre
Equipment Type Water Heater
Features Irregular Lot Size
Parking Space Total 8
Rental Equipment Type Water Heater
Structure Porch

Building

Bathroom Total 2
Bedrooms Above Ground 2
Bedrooms Below Ground 3
Bedrooms Total 5
Amenities Fireplace(s)
Appliances Water Heater, Water Meter
Architectural Style Raised Bungalow
Basement Development Finished
Basement Features Separate Entrance
Basement Type N/a (finished), N/a, Full
Cooling Type None
Exterior Finish Brick, Vinyl Siding
Fireplace Present Yes
Fireplace Total 1
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Baseboard Heaters, Forced Air
Stories Total 1
Size Interior 1,500 - 2,000 Sqft
Type Duplex
Utility Water Municipal Water

Parking

Garage
R V

Land

Acreage No
Land Amenities Beach, Golf Nearby, Marina, Schools, Park
Sewer Sanitary Sewer
Size Depth 155 Ft
Size Frontage 151 Ft
Size Irregular 151 X 155 Ft
Size Total Text 151 X 155 Ft
Zoning Description R1

Rooms

Level Type Dimensions
Lower Level Bathroom 2.8 m x 2.4 m
Lower Level Kitchen 3.8 m x 3.4 m
Lower Level Dining Room 2.5 m x 3.8 m
Lower Level Living Room 4.5 m x 3.8 m
Lower Level Bedroom 3.2 m x 2.04 m
Main Level Kitchen 3.96 m x 3.35 m
Main Level Dining Room 2.44 m x 3.54 m
Main Level Living Room 5.79 m x 3.9 m
Main Level Bedroom 3.66 m x 3.96 m
Main Level Bedroom 2 2.9 m x 2.44 m
Main Level Bathroom 1.32 m x 2.4 m

Utilities

Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/30422938/978-main-street-n-callander-callander

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