11 Peel St
Penetanguishene, L0K1P0
For Sale
$1,349,900
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Apartment
CATEGORY5,000 Sq Ft
TOTAL AREAS8222580
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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Property Details
Category
Apartment
Zoning
Residential
Total Area
5,000 Sq Ft
Lot Size
55' x 174'
Taxes
$5,000 (2024)
Washrooms
7
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Listing contracted with Re/Max Hallmark Chay Realty
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