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Home ON Greater Midland Penetanguishene
39 POYNTZ STREET
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39 POYNTZ STREET $2,399,000
$2,399,000
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39 POYNTZ STREET
Penetanguishene, Ontario L9M1N5

MLS® Number: S10929692

Listing Description

12,000 s.f. building currently a 23 room retirement home/rooming house. Seller has made application to rezone to residential to permit 16 units in main building plus sever the house on the property to permit 2 more units in house plus 2 garage buildings that may be able to be converted for residential. Retirement home operated for the past 20+ years. Currently Vacant. Built in 1962 with block and cement flooring with renovations most recently completed in 2023 included upgrades to plumbing and installation of a sprinkler system. Being sold with plans and zoning for multi res use, or can be run as retirement home still. Main building is 8600 sq. ft. with attached 2 unit duplex (House) 3400 sq. ft. Currently 25 private rooms in main building plus, living room, kitchen, multiple washrooms, office, laundry room. Attached house with 2 full additional living quarters, garage and shop buildings also on the property. Nicely situated on large lot overlooking Georgian Bay. Close to Village Square Mall, St Ann's Church, the Penetanguishene legion and the Main Street amenities. (38613893)

Location Description

HWY 93 & POYNTZ ST.

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Penetanguishene
Land Size
208 x 208 FT
Annual Property Taxes
$9,261.75
Time on REALTOR.ca
22 days

Building

Heating & Cooling
Heating Type
Hot water radiator heat
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)

Measurements

Square Footage
12000 sqft

Land

Lot Features
Frontage
208 ft
Land Depth
208 ft
Other Property Information
Zoning Description
RESIDENTIAL (APPLICATION)
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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