50 Maria Street

50 Maria Street
50 Maria Street
50 Maria Street
7 bed
4 bath
6  parking
4000 - 4000 sqft
For Sale
Listed on Mar 21, 2023
Price History
Key Facts
Lot size
1059.84 sqm
Street frontage
Price per sqm
$5,069 (2022)
Parking Type
Calling all investors who want a solid purpose built, fully rented 4 plex or; first time Buyers who want to pool together to be able to move in and invest in the real estate market instead of renting and putting your hard earned dollars into someone else's equity... Very rare offering; this solid, all brick, metal roof, 4 plex with 3 x two bedroom units and one 1 bedroom unit with separate hydro meters is just the thing you've been looking for! Have your mortgage broker and lawyer team look into how this can work for you. This idea of "intentional housing" (google it) started over 30 years ago when others in your position couldn't afford to get into the housing market but could put their assets and talents together to build a community and investments together. Situated in the heart of the up and coming historical town of Penetanguishene, and within walking distance to the Rotary Georgian Bay waterfront trails, schools (separate and public, anglophone, francophone and French immersion and private schools), malls, and quaint downtown core as wel the community center across the street with a hall and hockey/skating rink. High speed internet available here for your children/grand children and work from home buyers alike. Tenants are on month to month contracts. A 4 plex is considered a residential purchase but HST is in addition to the purchase. With good, professional legal advise from your lawyer, this is not a big deal but let them guide you. Look at 48 Maria Street, Penetanguishene, Ontario which is also for sale (identical as 50 Maria Street) and has to close at the same time as 50 Maria Street.
Broker: Revel Realty Inc., Brokerage (Tiny)
MLS®#: 40391879
Property details
Parking type:
Property type:
Heating type:
MLS Size:
372 sqm
Lot front:
28.04 M
Lot depth:
37.8 M
Days on Market:
2 months
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9 Yeo Street
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About 50 Maria Street

Located at 50 Maria Street, this Penetanguishene fourplex is available for sale. It was listed at $1259500 in March 2023 and has 7 beds and 4 bathrooms.

Want to dine out? There are plenty of good restaurant choices not too far from 50 Maria St, Midland, like Dixie Lee Fried Chicken and Phil's Restaurant. Grab your morning coffee at Tim Hortons located at 132 Main Street. For those that love cooking, Hostess Frito-Lay is only steps away. 50 Maria St, Midland is a 4-minute drive from great parks like David Onley Park and Little Lake Park.

Getting around the area will require a vehicle, as there are no nearby transit stops.

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information deemed reliable but not guaranteed.

Alex Moggy
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: 40391879
Listed by Revel Realty Inc., Brokerage (Tiny)