Unlock the ultimate smart ownership opportunity with this incredible income generating property. Live comfortably in one unit while collecting rent from the other to offset your mortgage, making this an ideal choice for first time home buyers and savvy investors alike. Situated on a large lot surrounded by mature trees, the expansive outdoor space offers a private sanctuary that is wonderful for children and pets to play. The upper unit is currently tenanted, providing immediate rental income from day one. Step inside the main level to discover a well appointed kitchen designed for effortless meal preparation, alongside a bright dining room featuring sliding patio doors that open directly onto a rear deck overlooking the yard. Head up just a few steps to find three good sized bedrooms and a full bathroom, offering a functional and comfortable layout. The lower level is completely vacant and ready for immediate occupancy or a fresh tenant of your choice. It features a completely private entrance, an inviting eat in kitchen, two versatile rooms, a full bathroom, and convenient access to the shared laundry room. Property perks continue outside with a fantastic detached garage complete with a loft area. This bonus space is a blank canvas awaiting your personal inspiration, whether you envision a home office, a creative studio, or extra storage. New septic system and propane furnace in 2024, new well in 2021. Positioned in an outdoor enthusiast's paradise, this location puts you moments away from everything the Calabogie area has to offer. Spend your winters skiing down the slopes at Calabogie Peaks or snowmobiling through local trails, and your summers golfing at nearby courses, boating, swimming, hunting, and fishing on local waterways. For adrenaline seekers, the Calabogie Motorsports Park is just minutes away, alongside endless crown land and four season recreation trails for hiking, ATVing, and exploring. (id:28469)
Facts & features
Property
MLS® Number
X13776706
Property Type
Single Family
Community Name
542 - Greater Madawaska
Ownership
Freehold
Equipment Type
Water Heater
Features
In-law Suite
Parking Space Total
4
Rental Equipment Type
Water Heater
Structure
Deck
Building
Bathroom Total
2
Bedrooms Above Ground
3
Bedrooms Below Ground
1
Bedrooms Total
4
Basement Development
Finished
Basement Type
Full (finished)
Construction Style Attachment
Detached
Construction Style Split Level
Sidesplit
Cooling Type
None
Exterior Finish
Brick
Foundation Type
Block
Heating Fuel
Propane
Heating Type
Forced Air
Size Interior
1,100 - 1,500 Sqft
Type
House
Parking
Detached Garage
—
Garage
—
Land
Acreage
No
Sewer
Septic System
Size Depth
200 Ft
Size Frontage
90 Ft
Size Irregular
90 X 200 Ft
Size Total Text
90 X 200 Ft
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$1,859/mo
Ontario land transfer tax
$4,873 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.