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Penetanguishene
59 PEEL STREET
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59 PEEL STREET $1,099,000
$1,099,000
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59 PEEL STREET
Penetanguishene, Ontario L9M1B7

MLS® Number: S8235500
7
Bedrooms
6
Bathrooms
-
Square Feet

Listing 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. (34988774)

Property Summary

Property Type
Multi-family
Building Type
Other
Community Name
Penetanguishene
Land Size
60.54 x 197.99 FT|under 1/2 acre
Annual Property Taxes
$5,420.42
Total Parking Spaces
10
Time on REALTOR.ca
63 days

Building

Bedrooms
Above Grade
7
Bathrooms
Total
6
Interior Features
Appliances Included
Dryer, Refrigerator, Stove, Washer
Building Features
Features
Lane
Foundation Type
Slab
Heating & Cooling
Heating Type
Baseboard heaters (Electric)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding
Parking
Total Parking Spaces
10

Rooms

MetricImperial
Main level
Kitchen
Kitchen
Living room
Living room
Bedroom
Kitchen
Living room
Bedroom
Kitchen
Living room
Bedroom
Bedroom
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
705-797-8485
View Listing on REALTOR® Website
Email
Book showing
FARIS TEAM REAL ESTATE
Brokerage
443 BAYVIEW DRIVE
BARRIE, Ontario L4N8Y2
705-797-8485
705-797-8486
Office Website
705-527-1887
View Listing on REALTOR® Website
Email
Book showing
FARIS TEAM REAL ESTATE
Brokerage
531 KING ST
MIDLAND, Ontario L0K2E1
705-527-1887
705-797-8486
Office Website

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MARK FARIS