978 Main Street N, Callander

$549,000
978 Main Street N

$549,000

New
3d
DetachedBungalow-Raised

978 Main Street N, Callander

Total Monthly Obligation $2,995

Beds
5
Baths
2
Park
6
Sqft
1500-2000
DOM
3d
Yield
7.2%
Cash on Cash
5.8%
Cap Rate
5.8%
5Y IRR
20.3%
10Y IRR
18.5%
Property Type-Detached
MLS® Number-X14098044
Beds-5
Bathrooms-2
Size-1500-2000 sqft
Lot Size-151.02 × 135 ft
Listed on site-Oct 20, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-51-99
Taxes-$4,860 (2025)
Parking-8 - Built-In
Basement-Finished, Separate Entrance, Full
Heating-Baseboard (Gas)
Brokerage-REALTY EXECUTIVES Local Group Inc. Brokerage
Cooling-None
Laundry-No
Fireplace-Natural Gas, Family Room
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Callander
Title-Residential Freehold

No agent assigned

Located in the heart of Callander, this property sits on a generous lot in one of the area's most sought-after locations, offering convenient access to local amenities and the natural beauty of Lake Nipissing. While currently operating as a duplex, the property offers exceptional flexibility and could easily be transformed into a spacious family home with room to grow, or to accommodate multi-generational living. For buyers looking to offset their mortgage, the rental income potential makes this an attractive opportunity. It's also an ideal option for professionals relocating to the North Bay area, providing the opportunity to generate rental income while putting down roots in a welcoming community. With low property taxes, an expansive lot, and multiple possibilities to suit a variety of needs, this property offers outstanding versatility in the Callander market. Opportunities that combine location, space and income potential are hard to find!Book your private showing today and discover all the possibilities this property has to offer!

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Closing Costs

Mortgage Amount
$439,200
Land Transfer Taxes$7,455
Legal Fees (Est.)
$
Total cash required for closing$118,755

Total Monthly Obligation

$2,995/mo
Mortgage $2,215
Monthly Loss $2,412
Principal$583
Interest$1,632
Property Tax$405
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 978 Main Street N

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.