1/35522 HART ROAD, Callander
522 HART ROAD, Callander, ON P0H1H0
$649,900 total
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Asset Class
Multifamily
Size
—
Building class
B
Zoning
RA9 — High Rise
$ / SF
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Occupancy
87%
Lot Size
2.49 ac
About this property
Sitting on almost 2.5 acres in this beautiful purpose built duplex that currently generates a fantastic return on investment. Professionally built in 2019 there is a two bedroom apartment on the upper floor with two full bathrooms, including an ensuite. The lower level has two bedrooms and one bathroom. Both units are bright with lots of natural light. The main floor unit is currently rented out for $1768 plus utilities and the lower $1875 plus utilities. A perfect addition to any portfolio. This property has the option of being owner occupied with a mortgage helper, multigenerational living, or a true duplex rental, beautiful property offering loads of privacy, all while being only 10 minutes from the town of Callander. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$22K
Annual cash flow
$-14K
Cash-on-cash
-7.09%
DSCR
0.62
Going-in cap
3.42%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
86,853
Households
40,946
Median income
$66,500
Median age
39.9
Daytime population
105,882
5-yr growth
5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 522 HART ROAD, Callander.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.