ID 546115

59 PEEL Street, Penetanguishene, Ontario L9M 1B7

59 PEEL Street, Penetanguishene, Ontario L9M 1B7

$1,099,000.00

  • 7 bedrooms
  • 6 bathrooms
  • 4,399 Square Feet

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. (id:25417)

  • Listing ID: 40569934
  • Property Type: Single Family
  • Year Built: 1930
Property
Ownership: Freehold
Lot Size: Under 1/2 Acre
Parking: 10 Spaces
Building
Type: Single Family House
HVAC: Baseboard Heaters and Fireplace
Electric
Exterior: Aluminum Siding
Basement: None
Utilities: Municipal Sewage System
Location
Town: Penetanguishene
Province: Ontario
Rooms Level Dimensions
3pc Bathroom Main level Measurements not available
Storage Main level 11'9'' x 5'7''
3pc Bathroom Main level Measurements not available
Kitchen Main level 12'9'' x 12'3''
Living room Main level 15'4'' x 11'7''
Bedroom Main level 16'4'' x 10'0''
3pc Bathroom Main level Measurements not available
Kitchen Main level 16'6'' x 16'1''
Living room Main level 15'4'' x 13'3''
Bedroom Main level 11'8'' x 9'3''
Bedroom Main level 11'11'' x 8'4''
Bedroom Main level 12'8'' x 6'6''
Living room Main level 15'5'' x 12'3''
Kitchen Main level 15'3'' x 12'3''
3pc Bathroom Main level Measurements not available
Bedroom Main level 12'10'' x 12'4''
Living room Main level 15'5'' x 12'0''
Kitchen Main level 15'5'' x 7'8''
3pc Bathroom Main level Measurements not available
Bedroom Main level 15'0'' x 12'9''
Living room Main level 18'7'' x 10'9''
Kitchen Main level 14'2'' x 6'7''
3pc Bathroom Main level Measurements not available
Bedroom Main level 12'1'' x 8'4''
Living room Main level 14'0'' x 11'5''
Kitchen Main level 14'0'' x 10'9''

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59 PEEL Street, Penetanguishene, Ontario L9M 1B7
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Royal LePage

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This property, located on PEEL Street in Penetanguishene Ontario, was published on April 15th, 2024. See if this home suits your needs, or speak with an agent about subscribing to similar homes. At MoveMeTo.com, we make finding homes for sale in Penetanguishene convenient.