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Home ON Greater Midland Penetanguishene
5 WATER Street
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5 WATER Street $749,900
$749,900
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5 WATER Street
Penetanguishene, Ontario L9M1V5

MLS® Number: 40594831
8
Bedrooms
4
Bathrooms
2323
Square Feet

Listing Description

Welcome To 5 Water Street, Penetanguishene – Three Units Vacant On Closing. This Stunning 4-Plex Offers The Perfect Investment Opportunity With One 3-Bedroom Unit (Vacant), Two 2-Bedroom Units (1 Vacant), And One 1-Bedroom Unit (Vacant).This Property Provides Immediate Rental Potential Or Move Into The Main Unit And Have Your Tenants Pay Your Mortgage. Recent Upgrades Include New Windows And Doors Completed In 2022 For Enhanced Energy Efficiency, And An Upgraded Roof Completed In 2023 For Long-Term Peace Of Mind. Large Private Parking At The Rear Of The Building, But Also A Great Walking Score To Downtown Penetanguishene, With Its Charming Shops, Restaurants, And Waterfront Attractions. This Is The One You've Been Waiting For! (67535763)

Location Description

Main St to Water St ; SOP

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Square Footage
2323 sqft
Subdivision Name
PE01 - East of Main Street
Title
Freehold
Land Size
0.159 ac|under 1/2 acre
Built in
1955
Annual Property Taxes
$4,039
Total Parking Spaces
7
Time on REALTOR.ca
35 days

Building

Bathrooms
Total
4
Interior Features
Basement Type
Full (Partially finished)
Building Features
Features
Southern exposure, Visual exposure, Paved driveway
Foundation Type
Block
Rental Equipment
Water Heater
Total Units
4
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters, (Electric), Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Neighbourhood Features
Community Features
Quiet Area, Community Centre, School Bus
Amenities Nearby
Golf Nearby, Hospital, Marina, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Parking
Total Parking Spaces
7

Measurements

Square Footage
2323 sqft
Above Grade Finished
2323 sqft
Source: Other
Total Unfinished
196 sqft

Land

Lot Features
Frontage
75 ft
Land Depth
93 ft
Other Property Information
Access
Road access
Zoning Description
R3
Data provided by: The Lakelands Association of REALTORS® 34 Cairns Crescent, Huntsville, Ontario P1H 1Y3

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