59 Peel Street

Penetanguishene

59 Peel Street
59 Peel Street
59 Peel Street
+6
7
 bed
6
 bath
10
 parking
4399 - 4399
 sqft
For Sale
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15 days
 on site
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$1,099,000
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Size
-
Lot size
1113.54 sqm
Street frontage
E
Possession
-
Price per sqm
$2,687
Taxes
$5,420 (2023)
Parking Type
-
Style
-
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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.
Broker: Faris Team Real Estate Brokerage
MLS®#: 40569928
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Property details
Parking:
10
Parking type:
-
Property type:
Multiplex
Heating type:
Baseboard,
Style:
-
MLS Size:
409 sqm
Lot front:
18.29 M
Lot depth:
60.05 M
Listed on:
Apr 14, 2024
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Jill Spector
Sales Representative
Property.ca Inc., Brokerage
647-365-5717
© Property.ca Inc., Brokerage
MLS#: 40569928
Listed by Faris Team Real Estate Brokerage

About 59 Peel Street

Located at 59 Peel Street, this Penetanguishene multiplex is available for sale. It has been listed at $1099000 since April 2024. This multiplex has 7 beds, 6 bathrooms and is 4399-4399 Squa.

Want to dine out? There are plenty of good restaurant choices not too far from 59 Peel St, Penetanguishene, like Northern Caribbean Restaurant and Dixie Lee Fried Chicken. Grab your morning coffee at Tim Hortons located at 132 Main Street. For grabbing your groceries, Foodland is only an 8 minute walk. 59 Peel St, Penetanguishene is a 5-minute drive from great parks like 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.

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