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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14 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
1 Storey/Apt
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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®#: 40569934
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Property details
Parking:
10
Parking type:
-
Property type:
Detached
Heating type:
Baseboard,
Style:
1 Storey/Apt
MLS Size:
409 sqm
Lot front:
18.29 M
Lot depth:
60.05 M
Listed on:
Apr 15, 2024
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Rooms
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Jill Spector
Sales Representative
Property.ca Inc., Brokerage
647-365-5717
© Property.ca Inc., Brokerage
MLS#: 40569934
Listed by Faris Team Real Estate Brokerage

About 59 Peel Street

59 Peel Street is a Penetanguishene detached house for sale. It has been listed at $1099000 since April 2024. This 4399-4399 Squa detached house has 7 beds and 6 bathrooms.

59 Peel St, Penetanguishene is only a 7 minute walk from Tim Hortons for that morning caffeine fix and if you're not in the mood to cook, Phil's Restaurant and Dock Lunch are near this detached house. For groceries there is Foodland which is an 8-minute walk. Love being outside? Look no further than Midland - Waubaushene Trail, David Onley Park or Little Lake Park, which are only steps away from 59 Peel St, Penetanguishene.

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.