59 Peel St

59 Peel St
59 Peel St
59 Peel St
+6
7
 bed
6
 bath
10
 parking
3500 - 5000
 sqft
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$1,099,000
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Size
-
Lot size
1113.54 sqm
Street frontage
E
Possession
60-89 Days
Price per sqm
$2,363 - $3,382
Taxes
$5,420.42 (2023)
Parking Type
-
Style
Other
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Description
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.

EXTRAS:
Broker: FARIS TEAM REAL ESTATE
MLS®#: S8235500
Property details
Parking:
10
Parking type:
-
Property type:
Multiplex
Heating type:
Baseboard
Style:
Other
MLS Size:
325-465 sqm
Lot front:
18.59 M
Lot depth:
60.35 M
Listed on:
Apr 16, 2024
Show all details
Rooms
LevelNameSizeFeatures
Flat
Kitchen
1.5 x 1.5 m
Flat
Living
1.4 x 1.2 m
Flat
Br
1.1 x 0.9 m
Flat
Kitchen
1.2 x 1.1 m
Flat
Living
1.4 x 1.1 m
Flat
Br
1.5 x 0.9 m
Flat
Kitchen
1.4 x 1.1 m
Flat
Living
1.4 x 1.1 m
Flat
Br
1.2 x 0.6 m
Flat
Br
1.1 x 0.8 m
Flat
Kitchen
1.4 x 0.7 m
Flat
Living
1.4 x 1.1 m
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Alex Moggy
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: S8235500
Listed by FARIS TEAM REAL ESTATE

About 59 Peel St

59 Peel St is a Penetanguishene multiplex for sale, near Wolfe St and Peel St. 59 Peel St has an asking price of $1099000, and has been on the market since April 2024. This multiplex has 7 beds, 6 bathrooms and is 3500-5000 sqft.

Recommended nearby places to eat around 59 Peel St, Penetanguishene are Northern Caribbean Restaurant and Dixie Lee Fried Chicken. If you can't start your day without caffeine fear not, your nearby choices include Tim Hortons. For those that love cooking, Foodland is an 8-minute walk. If you're an outdoor lover, multiplex residents of 59 Peel St, Penetanguishene are a 5-minute drive from Midland - Waubaushene Trail, David Onley Park and Little Lake Park.

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