39 Poyntz Street

FOR SALE
$2,399,000
39 Poyntz Street, Penetanguishene
39 Poyntz Street
39 Poyntz Street
39 Poyntz Street
39 Poyntz Street
39 Poyntz Street
39 Poyntz Street
39 Poyntz Street
39 Poyntz Street
39 Poyntz Street
39 Poyntz Street
39 Poyntz Street
39 Poyntz Street
39 Poyntz Street
39 Poyntz Street
39 Poyntz Street
39 Poyntz Street
39 Poyntz Street
Investment
CATEGORY
12,000 Sq Ft
TOTAL AREA
S10929692
MLSID
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Property 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.
Property Details
Address
39 Poyntz Street
Postal Code
L9M 1N5
Property Type
Investment, Investment
Use
Apartment
Zoning
RESIDENTIAL (APPLICATION)
Lot Size
208' x 208'
Total Area
12,000 Sq Ft
Taxes
$9,262 (2024
Heat Type
Water Radiators
Water
Municipal
Garage Type
Single Detached
Listing contracted with Ed Lowe Limited
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