3 Rankin Lake Road

About This Property

INVESTMENT INCOME and/or MULTI-GEN LIVING OPPORTUNITY. Private lot. A tenanted, 2-unit residential income property. Main home is detached, 3-bedroom. 2nd unit a detached, 2-bedroom apartment. Infrastructure and utilities for both unitsup-to-date no large upfront expenditures necessary. Main house is open concept kitchen & dining area but ready to be upgraded / remodelled. Main also includes a self-contained 1-bedroom suite with its own kitchen, bathroom and laundry room. The 2nd unit is a detached apartment, more recently built with 880 sq. ft. living area. Utilities service both units, new water boiler (2023), radiant in-floor heating (glycol) and hot water (heat exchanger). Long-life shingles installed on both units (2019). New septic system & septic bed (2021) service to both units. Located 10 minutes awayfrom town of Parry Sound. Access the Sequin Rail Trail from your backyard or drive 2 minutes down the road to Oastler Lake Provincial Park. Georgian Bay approx 20 minutes away. Ask your Realtor for income/expenses.