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Home ON Oro-Medonte
461 PENETANGUISHENE ROAD
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461 PENETANGUISHENE ROAD $1,199,000
11 hours ago
$1,199,000
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461 PENETANGUISHENE ROAD
Oro-Medonte, Ontario L4M0H1

MLS® Number: S10423677

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 Todays Market. Whether Youre Looking To Expand Your Investment Portfolio, Operate A Profitable Hospitality Business, Or Create A Private Retreat, This Property Offers Endless Possibilities! **** EXTRAS **** 100 Amps In Blue House & Separate Meter For Motel Strip, 100 Amps. (38073068)

Location Description

Highway 400 & Highway 11

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Rural Oro-Medonte
Land Size
7.26 ac
Annual Property Taxes
$7,403
Time on REALTOR.ca
11 hours

Building

Interior Features
Appliances Included
Dishwasher, Dryer, Hot Tub, Refrigerator, Washer
Building Features
Features
Conservation/green belt
Heating & Cooling
Heating Type
Forced air (Oil)
Utilities
Utility Sewer
Septic System
Business
Business Type
Residential (Apartments)
Neighbourhood Features
Amenities Nearby
Highway

Measurements

Square Footage
7 ac

Land

Lot Features
Frontage
7.2600
Other Property Information
Zoning Description
A/RU(H)
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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