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59 Peel Street Penetanguishene, Ontario L9M 1B7

7 Bedroom 6 Bathroom
Baseboard Heaters

$1,099,000

Top 5 Reasons You Will Love This Property: 1) Rare six-plex, one-story building offers convenience while being ideally situated in-town and within walking distance to amenities and the stunning Georgian Bay 2) One bedroom rents proven out to get $1750/month, when the remaining five units are renovated and brought to market rate potential to increase value by $1 million+ 3) $60,276 in annual net operating income potential upside opportunity after renovating and bringing 5 remaining units to market rents 4) Additional value opportunity with each unit having two parking spaces 5) Incredible opportunity to generate passive income. Visit our website for more detailed information. (id:43787)

Property Details

MLS® Number S8235500
Property Type Multi-family
Community Name Penetanguishene
Features Lane
Parking Space Total 10

Building

Bathroom Total 6
Bedrooms Above Ground 7
Bedrooms Total 7
Appliances Dryer, Refrigerator, Stove, Washer
Exterior Finish Aluminum Siding
Foundation Type Slab
Heating Fuel Electric
Heating Type Baseboard Heaters
Type Other
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Irregular 60.54 X 197.99 Ft
Size Total Text 60.54 X 197.99 Ft|under 1/2 Acre

Rooms

Level Type Dimensions
Main Level Kitchen 5.03 m x 4.9 m
Main Level Kitchen 4.69 m x 2.33 m
Main Level Living Room 4.7 m x 3.75 m
Main Level Living Room 4.66 m x 4.04 m
Main Level Bedroom 3.55 m x 2.81 m
Main Level Kitchen 3.89 m x 3.74 m
Main Level Living Room 4.69 m x 3.54 m
Main Level Bedroom 4.97 m x 3.04 m
Main Level Kitchen 4.64 m x 3.73 m
Main Level Living Room 4.69 m x 3.73 m
Main Level Bedroom 3.87 m x 1.99 m
Main Level Bedroom 3.63 m x 2.55 m

https://www.realtor.ca/real-estate/26753274/59-peel-street-penetanguishene-penetanguishene

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