11 Peel St
Penetanguishene, Penetanguishene, L0K 1P0
FOR SALE
$1,349,900
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9 + 2
BEDROOMS7
BATHROOMS6
KITCHENS24
ROOMSS8222570
MLSIDContact Us
Property Description
Professionally managed 6-unit property, all but unit 2 at market rent. Unit 1 is occupied by owner potential rent at $2200. Lake views nestled in the heart of town with easy access to all amenities. Approx. annual gross Income of $122,400 makes this an attractive opportunity for any investor. Units include 1-Huge 3 Bed Unit with basement, 1x2 Bed Unit, and 4x1 Bed units, each unit with its own hydro panel. Unit 1 has a new f/a furnace, S/S appliances, and washer/dryer. Units 2-6 are baseboard heated and all water heaters are owned. New metal roof, windows and deck in 2021 + cameras installed (as is). Ample parking spaces for 7-10 vehicles. Financials available upon request.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-19 | 2024-04-10 | 82 | $1,349,900 | - | Terminated |
Property Features
Place Of Worship, School
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Property Details
Street
Community
City
Property Type
Multiplex, 3-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
55' x 174'
Acreage
< .50
Fronting
East
Taxes
$5,000 (2024)
Basement
Crawl Space, Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
7
Driveway
Available
Garage Type
None
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Listing contracted with Re/Max Hallmark Chay Realty
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