3 Rankin Lake Road, Seguin, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Seguin. Expertly crafted featuring premium cedar and vinyl siding construction, this residence presents an exceptional opportunity offered at $579,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 125.66 x 488.7 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: In-Law Capability, In-Law Suite, Water Heater
- equipped with wall unit(s) central cooling and highly efficient radiant heating via gas
Description
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.
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Parking & Garage
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Interior Features
In-Law Capability, In-Law Suite, Water Heater, Water Softener
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 3 Rankin Lake Road, Seguin, ON P2A 0B2
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About Purchasing a Home in Seguin, ON
For a property listed at $579,900 in Seguin, the legal minimum down payment is $32,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,073 for this transaction. As this listing is in Seguin (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,073.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.