461 Penetanguishene Road, Oro Medonte | Image 1

461 Penetanguishene Road

Oro Medonte, Rural Oro-Medonte

  • Commercial

$1,199,000
For Sale

Added 4 days ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: A/RU(H)

  • Age: No Data

  • Taxes: 7403

  • MLS®#: S10423677

  • Days on Site: 2 Days

  • Added: Nov 12, 2024 (4 days ago)

  • Updated:

  • Last Checked: 7 hours ago

  • Listed By: EXP REALTY

461 Penetanguishene Rd Is A Unique And Versatile Income-Producing Property Just North Of Barrie, Ontario. Situated On 7.26 Acres, This Property Offers Excellent Investment Potential With A 6-Unit Motel Occupied By Long-Term Tenants, Multiple Additional Structures Including A Main House And Ample Acreage For Various Uses. Its Prime Location Near Highway 11 And Highway 400 Ensures Easy Access And Visibility While Providing A Serene Setting With River Frontage That Flows Into The Beautiful Little Lake. This Property Is Ideally Located To Capitalize On The Area's Year-Round Attractions, Including Golf Courses, Wineries, Hiking Trails, And Event Venues. With A Mix Of Established Rental Income, Multiple Buildings, And Scenic Surroundings, This Is A Rare Find In Todays Market. Whether Youre Looking To Expand Your Investment Portfolio, Operate A Profitable Hospitality Business, Or Create A Private Retreat, This Property Offers Endless Possibilities!

Extras

100 Amps In Blue House & Separate Meter For Motel Strip, 100 Amps.

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Oro Medonte

  • Community: Rural Oro-Medonte

  • Availability Date: TBD/Immediate

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Oil Forced Air

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Well

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: Pt Lot 7, Con1 Epr Oro As In R01088798, Except The

  • Taxes: $7,403

  • Taxes Type: Annual

Land

  • Cross Street: Highway 400 & Highwa

  • Municipality District: Oro-Medonte

  • Parcel Number: 585520038

  • Sewer: Septic

  • Lot Frontage: 7.26 Acres

  • Zoning: A/RU(H)

Commercial Specific

  • Sprinklers: N

  • Total Area: 7.26

  • Total Area Metric: Acres

  • Area Influence: Grnbelt/Conserv

  • Area Influence: Major Highway

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Financial Statement: N

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Map of 461 Penetanguishene Road, Oro Medonte
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