61 Thompson Road
Penetanguishene, L9M 0W2
FOR SALE
$6,200,000

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Investment
CATEGORY15,012 Sq Ft
TOTAL AREAS12127809
MLSIDContact Us
Property Description
Newly constructed 3 storey-18 unit apartment building in central Penetanguishene. Surplus land will permit up to additional 42 unit building with ability for quick approvals. Unit sizes existing building range from 570-926 sq ft with a total GFA of +/- 15,012 sq ft. Elevator and security system installed. Outdoor surface parking available. Schools, shopping and waterfront are all within a 15 minute walk or 3 minute drive. Full due diligence information is available upon receipt of a signed Confidentiality Agreement. Property is being sold by Court-Appointed Receiver on "as-is where-is" basis. Buyer to perform their own due diligence and verify all information.
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Property Details
Address
61 Thompson Road
Community
City
Postal Code
L9M 0W2
Property Type
Investment, Investment
Use
Apartment
Zoning
R3
Lot Size
282' x 314'
Total Area
15,012 Sq Ft
Acreage
1.6 Feet
Taxes
$24,179 (2024
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
Outside/Surface
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Listing contracted with Cushman & Wakefield
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