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Penetanguishene
11 PEEL Street
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11 PEEL Street $1,349,900
$1,349,900
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11 PEEL Street
Penetanguishene, Ontario L9M1A5

MLS® Number: 40568372
9
Bedrooms
7
Bathrooms
2592
Square Feet

Listing Description

Professionally managed 6-unit property, all but unit 2 at market rent. Unit 1 is occupied by owner potential rent at $2200. Lake views nestled in the heart of town with easy access to all amenities. Approx. annual gross Income of $122,400 makes this an attractive opportunity for any investor. Units include 1-Huge 3 Bed Unit with basement, 1x2 Bed Unit, and 4x1 Bed units, each unit with its own hydro panel. Unit 1 has a new f/a furnace, S/S appliances, and washer/dryer. Units 2-6 are baseboard heated and all water heaters are owned. New metal roof, windows and deck in 2021 + cameras installed (as is). Ample parking spaces for 7-10 vehicles. Financials available upon request. (67302262)

Location Description

Peel St & Simcoe St

Property Summary

Property Type
Multi-family
Storeys
3
Square Footage
2592 sqft
Subdivision Name
PE01 - East of Main Street
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$5,000
Total Parking Spaces
7
Time on REALTOR.ca
171 days

Building

Bathrooms
Total
7
Interior Features
Basement Type
Partial (Partially finished)
Building Features
Foundation Type
Stone
Rental Equipment
Water Heater
Total Units
6
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters, Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Place of Worship, Schools
Parking
Total Parking Spaces
7

Measurements

Square Footage
2592 sqft
Above Grade Finished
2592 sqft
Source: Other

Land

Lot Features
Frontage
55 ft
Land Depth
174 ft
Other Property Information
Access
Road access
Zoning Description
G-6
Data provided by: Barrie & District Association of REALTORS® Inc. 676 Veterans Drive, Barrie, Ontario L9J 0H6
866-606-2429
705-722-5246
Email
Book showing
RE/MAX Hallmark Chay Realty Brokerage
152 Bayfield Street
Barrie L4M3B5
705-722-7100
705-722-5246
Office Website

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