3 Rankin Lake Road

Nestled in the picturesque community of Seguin, this charming house for sale in Seguin at 3 Rankin Lake Road offers a unique investment opportunity as well as the potential for multi-generational living. The property is situated on a private lot, measuring an impressive 126 x 489 acres, providing ample space for various outdoor activities and a serene environment. This detached house, built in 1990, features a distinctive 1.5 storey design, making it a noteworthy addition to the local landscape.

The main home boasts three spacious bedrooms and three bathrooms, making it ideal for families or those seeking extra space. The layout is open concept, particularly in the kitchen and dining area, which is perfect for entertaining guests or enjoying family meals. Although the main living area is ready for an upgrade or remodel, it offers a solid foundation with two kitchens, allowing for flexibility in use. Additionally, the main house includes a self-contained one-bedroom suite, complete with its own kitchen, bathroom, and laundry facilities, which can serve as a private retreat for guests or as a rental unit.

The second unit, a detached two-bedroom apartment, has been more recently constructed and spans approximately 1,000 square feet. This unit is perfect for tenants or family members seeking independence while still being close to home. The infrastructure and utilities for both units are up-to-date, ensuring that there are no significant upfront expenditures necessary for the new owner. The property is equipped with a gas furnace, installed in 2018, and a new water boiler added in 2023, providing efficient heating. Radiant in-floor heating further enhances comfort, while a heat exchanger ensures hot water is readily available.

For those who enjoy outdoor pursuits, the location of this house for sale in Seguin is particularly advantageous. Just a short drive of two minutes will take you to Oastler Lake Provincial Park, where you can explore the natural beauty of the area. Additionally, the Seguin Rail Trail can be accessed directly from the backyard, offering a wonderful opportunity for hiking, biking, or simply enjoying the great outdoors. The vibrant town of Parry Sound is only ten minutes away, providing access to shops, restaurants, and other amenities. For those who wish to explore further afield, Georgian Bay is approximately twenty minutes from the property, making it an excellent base for summer activities.

The property also features a range of additional amenities, including a water softener, dishwasher, dryer, range hood, refrigerator, stove, and washer, ensuring that you have everything you need for comfortable living. Although there is no central vacuum system or family room, the spacious layout compensates for this with its versatile design. The house is unfurnished, allowing you to personalise the space to suit your taste and style.

Parking is not an issue here, as the property includes space for up to six vehicles, with an outside/surface/open driveway and gravel garage type. While there is no pool on the premises, the expansive lot provides ample room for outdoor activities, gardening, or even the potential for future development.

In summary, this house for sale in Seguin at 3 Rankin Lake Road presents an exceptional opportunity for those seeking an investment property or a family home with the potential for multi-generational living. With its spacious layout, updated utilities, and prime location, it is a property that should not be missed. Whether you are looking to invest or to create a comfortable family abode, this house for sale in Seguin is certainly worth considering. Don't hesitate to ask your Realtor for more information regarding income and expenses related to this unique opportunity.

Seguin, nestled in the heart of Texas, is a charming city that beautifully blends small-town warmth with vibrant local culture. Surrounded by picturesque landscapes, including the scenic Guadalupe River, the area offers a wealth of outdoor activities, from hiking and fishing to leisurely strolls in the local parks. The historic downtown boasts a delightful array of shops, restaurants, and cultural attractions, reflecting the rich heritage of the region. With a strong sense of community spirit and a welcoming atmosphere, Seguin provides a perfect setting for those seeking a tranquil yet engaging lifestyle, making it an ideal choice for prospective residents looking to embrace both nature and community.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 652 residents, with an average household size of 2.2. The community's demographic profile indicates a mature population, with an average age of 50.8 years. The average household income stands at a healthy $97,000, although 10.4% of the population is classified as low-income. The real estate market reflects a robust average property price of $735,000. In terms of social structure, 36.67% of residents are single, and 28.57% of households include children, highlighting a mix of family dynamics. The area has a modest immigrant presence, accounting for 8.84% of the population, and a small percentage of renters at 9.52%. Notably, there are no condominiums in the vicinity, indicating a preference for other housing types. Educational attainment is high, with 53.44% of residents holding a college or university degree. However, a significant portion of the population, 48.09%, is not in the labor force, which may reflect retirement or other factors. Overall, this demographic snapshot reveals a stable, educated community with a blend of families and singles, set in a relatively affluent neighborhood.