101 Main Street, Penetanguishene | Image 1

101 Main Street

Penetanguishene, Penetanguishene

  • - bed - bath
$X,XXX,XXX Listed: $X,XXX,XXX
Sold

Sold on Oct 07, 2024

Note: Property is not currently for sale or for rent.

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  • Type: Multiplex

  • Style: 2-Storey

  • Lot Size: 51.48 x 168.93 Feet

  • Age: No Data

  • Taxes: $21,324 per year

  • Days on Site: 96 Days

  • Added: Jul 03, 2024 (3 months on market)

  • Updated:

  • Last Checked: 5 hours ago

  • MLS®#: S9013392

  • Listed By: Sotheby`s international realty canada

In the heart of historic downtown Penetanguishene awaits an amazing opportunity to own a cash flowing asset with this 15 unit mixed use building. Featuring 14 fully tenanted residential units and situated on a large L-shaped lot, this 2 storey building features 2 main floor units, 2 step up units, 6 upstairs units, and 4 basement/half basement apartments. The building also features a sprawling, versatile commercial space fronting onto the main street which is newly renovated. The property has been well maintained and offers ample parking with dedicated spaces for a commercial tenant. All units feature electric baseboard heating, and tenants run their own air conditioning units in warmer months. Book your viewing today, and see what makes this property a great choice for any investor looking for a unique property in the area.

Status

  • Days on Market: 96

  • Last Status: Sold

  • Sold Date: Oct 07, 2024

  • Closed Date: Jan 31, 2025

  • Expiry Date: Dec 27, 2024

  • Sold Price: $1,475,000

  • Unavailable Date: Oct 07, 2024

  • Input Date: Jul 05, 2024

  • Prior LSC: Listing with no contract changes

Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 2-Storey

  • Area: Penetanguishene

  • Community: Penetanguishene

  • Availability Date: Flexible

Inside

  • Bedrooms: 9

  • Bedrooms Plus: 4

  • Bathrooms: 16

  • Kitchens: 9

  • Rooms: 15

  • Den/Family Room: Yes

  • Air Conditioning: Other

  • Fireplace: No

  • Washrooms: 16

Building

  • Basement: Part Bsmt

  • Basement 2: Part Fin

  • Heat Type: Baseboard

  • Heat Source: Electric

  • Exterior: Alum Siding

  • Exterior: Brick

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Other

  • Garage Type: None

  • Covered Parking Spaces: 19

  • Total Parking Spaces: 19

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT B E/S PENETANGUISHENE RD PL 36 PENETANGUISHENE; PT LT 2 E/

  • Taxes: $21,324

Highlights

  • Feature: Hospital

  • Feature: Marina

  • Feature: School

Land

  • Cross Street: Take HWY 93 into Pen

  • Municipality District: Penetanguishene

  • Fronting On: East

  • Parcel Number: 584400216

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 168.93 Feet

  • Lot Frontage: 51.48 Feet

  • Acres: < .50

  • Zoning: CG

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Very Walkable

  • Most errands can be accomplished on foot.
78 /100

Bikeable

  • Some errands can be accomplished on bike.
66 /100
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