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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: S8222580
7
Bathrooms
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. (34956774)

Location Description

Peel & Main

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Square Footage
5000 sqft
Community Name
Penetanguishene
Land Size
55 x 174 FT
Annual Property Taxes
$5,000
Time on REALTOR.ca
171 days

Building

Bathrooms
Total
7
Interior Features
Appliances Included
Refrigerator, Stove
Building Features
Features
Conservation/green belt
Heating & Cooling
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water

Measurements

Square Footage
5000 sqft

Land

Lot Features
Frontage
55 ft
Land Depth
174 ft
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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