2 Tessier Drive, Penetanguishene

Penetanguishene

2 Tessier Drive
2 Tessier Drive
2 Tessier Drive
+44
13
 bed
12
 bath
14
 parking
5000 - 65535
 sqft
Multiplex
$2,850,000
For Sale
7 hours
 on site
$2,850,000
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Size
-
Lot size
8742 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$43 - $570
Taxes
$16,370.97 (2026)
Parking Type
-
Style
3-Storey
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Description
If you are looking for an absolutely turn key 12-unit apartment building, this is it. Priced at a 6.2 cap rate. This building has had extensive renovations in the past 5 years. You will not find a better investment opportunity. 9 one-bedroom apts and 2 one-bedroom with dens and 1 two-bedroom with new kitchens, bathrooms, flooring, doors, trim, some new electrical and plumbing, drywall, heating, laundry room, security room, paved parking, appliances, fire and smoke system, and revamped decks. Great downtown Penetanguishene location, walking distance to shopping, restaurants, and a beautiful trail system along the waterfront park on Georgian Bay.Very easy to find quality tenants in this location. Minimum 36 hours' notice to show the building. First visit, we will set up only 3 apartments to give you a good feel of the property. Listing agent must be present for all showings. Financials available upon request.
Broker: Team Hawke Realty
MLS®#: S14154198
Property details
Parking:
14
Parking type:
-
Property type:
Multiplex
Heating type:
Baseboard
Style:
3-Storey
MLS Size:
5000-65535 sqft
Lot front:
94 Ft
Lot depth:
93 Ft
Listed on:
Nov 5, 2026
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Instant estimate:
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$332,838
lower than listed price
i
High
$2,650,530
Mid
$2,517,162
Low
$2,466,819
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About 2 Tessier Drive

2 Tessier Drive is a Penetanguishene multiplex for sale. It has been listed at $2850000 since November 2026. This multiplex has 13 beds, 12 bathrooms and is 5000-65535 sqft.

2 Tessier Dr, Penetanguishene is a 3-minute walk from Kittyhawk Cafe for that morning caffeine fix and if you're not in the mood to cook, Georgian Bay Restaurant, Phil's Family Restaurant and Pizza Hut are near this multiplex. Groceries can be found at Rawson's Meat & Deli which is only steps away and you'll find Whitesands Health Centre only steps away as well. For those days you just want to be indoors, look no further than Penetanguishene Museum to keep you occupied for hours. Love being outside? Look no further than Penetanguishene Rotary Park and Park, which are both only steps away.

For those residents of 2 Tessier Dr, Penetanguishene without a car, you can get around rather easily. The closest transit stop is a Bus Stop (Main / Beck) and is not far connecting you to Penetanguishene's public transit service. It also has route Penetanguishene Route nearby.