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Home ON Greater Midland 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 L0K1P0

MLS® Number: S8222570
9 + 2
Bedrooms
7
Bathrooms
3500 - 5000
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. (34956763)

Location Description

Peel St & Simcoe St

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
3
Square Footage
3500 - 5000 sqft
Community Name
Penetanguishene
Land Size
54.8 x 173.6 FT|under 1/2 acre
Annual Property Taxes
$5,000
Total Parking Spaces
7
Time on REALTOR.ca
171 days

Building

Bedrooms
Above Grade
9
Below Grade
2
Bathrooms
Total
7
Partial
1
Interior Features
Appliances Included
Refrigerator, Stove
Basement Type
Crawl space (Partially finished)
Building Features
Foundation Type
Unknown
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Type
Cable (Installed), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Place of Worship, Schools
Parking
Total Parking Spaces
7

Measurements

Square Footage
3500 - 5000 sqft

Land

Lot Features
Frontage
54 ft ,9 in
Land Depth
173 ft ,7 in
Other Property Information
Zoning Description
Residential
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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