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Home ON Oro-Medonte
461 PENETANGUISHENE Road
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461 PENETANGUISHENE Road $1,199,000
2 days ago
$1,199,000
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461 PENETANGUISHENE Road
Oro-Medonte, Ontario L4M0H1

MLS® Number: 40675419

Listing Description

461 Penetanguishene Rd Is A Unique And Versatile Income-Producing Property Just North Of Barrie, Ontario. Situated On 7.26 Acres, This Property Offers Excellent Investment Potential With A 6-Unit Motel Occupied By Long-Term Tenants, Multiple Additional Structures Including A Main House And Ample Acreage For Various Uses. Its Prime Location Near Highway 11 And Highway 400 Ensures Easy Access And Visibility While Providing A Serene Setting With River Frontage That Flows Into The Beautiful Little Lake. This Property Is Ideally Located To Capitalize On The Area's Year-Round Attractions, Including Golf Courses, Wineries, Hiking Trails, And Event Venues. With A Mix Of Established Rental Income, Multiple Buildings, And Scenic Surroundings, This Is A Rare Find In Today’s Market. Whether You’re Looking To Expand Your Investment Portfolio, Operate A Profitable Hospitality Business, Or Create A Private Retreat, This Property Offers Endless Possibilities! (68324736)

Location Description

Highway 400 & Highway 11

Property Summary

Property Type
Office
Storeys
2
Subdivision Name
OR62 - Rural Oro-Medonte
Title
Freehold
Land Size
7.26 ac|5 - 9.99 acres
Annual Property Taxes
$7,403
Total Parking Spaces
15
Time on REALTOR.ca
2 days

Building

Interior Features
Basement Type
Full
Building Features
Features
Visual exposure
Utilities
Utility Sewer
Septic System
Water
Well
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Hospital, Public Transit
Parking
Total Parking Spaces
15

Measurements

Square Footage
5150 sqft
Exterior Building Size
5150 sqft

Land

Other Property Information
Access
Highway access
Zoning Description
A/RU(H)
Data provided by: Barrie & District Association of REALTORS® Inc. 676 Veterans Drive, Barrie, Ontario L9J 0H6
Jennifer Jones