506 Hart Road, Callander | Image 1

506 Hart Road

Callander

  • Commercial

$XXX,XXX
For Sale

Added 1 week ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: RU

  • Age: No Data

  • Taxes: 4490

  • MLS®#: X11971461

  • Added: Feb 13, 2025 (1 week ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: Royal LePage Northern Life Realty, Brokerage

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.

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Callander

  • Availability Date: as per LLTB

  • Assessment Amount: $332,000

  • Assessment Year: 2025

Inside

  • Bathrooms: 3

  • Air Conditioning: N

  • Washrooms: 3

Utilities

  • Utilities: No

Building

  • Basement: Y

  • Heat Type: Baseboard

  • Water Supply Type: Drilled Well

  • Freestanding: Y

  • Water Supply: Well

Parking

  • Garage Type: None

  • Covered Parking Spaces: 8

Fees

  • Tax Year: 2024

  • Taxes: $4,490

  • Taxes Type: Annual

Land

  • Cross Street: HWY 654 & MCDONALD R

  • Municipality District: Callander

  • Sewer: Septic

  • Lot Depth: 438.66 Feet

  • Lot Frontage: 328.08 Feet

  • Zoning: RU

Commercial Specific

  • Total Area: 2.48

  • Total Area Metric: Acres

  • Lot Code: Building

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Car-Dependent

  • Almost all errands require a car.
0 /100

Somewhat Bikeable

  • Almost all errands require a car.
20 /100
Map of 506 Hart Road, Callander
JK-8

St Gregory Separate School

Elementary: Catholic
10.33 km
JK-8

M T Davidson Public School

Elementary: Public
7.48 km
7-8

West Ferris Intermediate

Elementary: Public
12.30 km
JK-8

Mapleridge Public School

Elementary: Public
10.73 km
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St Theresa School

Elementary: Catholic
8.21 km
JK-6

Sunset Park Public School

Elementary: Public
10.11 km
9-12

École secondaire publique Odyssée

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17.93 km
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West Ferris Secondary School

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12.31 km
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École secondaire catholique Algonquin

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Chippewa Secondary School

Secondary: Public
16.23 km
9-12

Widdifield Secondary School

Secondary: Public
18.70 km
9-12

St Joseph-Scollard Hall Secondary School

Secondary: Catholic
17.43 km

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