11 Peel Street, Penetanguishene | Image 1

11 Peel Street

Penetanguishene, Penetanguishene

  • Commercial

$1,349,900
For Sale

Added 2 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: Residential

  • Age: 51-99 years

  • Taxes: 5000

  • MLS®#: S8222580

  • Added: Apr 10, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RE/MAX HALLMARK CHAY REALTY

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.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 51-99

  • Area: Penetanguishene

  • Community: Penetanguishene

  • Availability Date: TBA

Inside

  • Bathrooms: 7

  • Air Conditioning: N

  • Washrooms: 7

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: Lt.3A E/S Peel, Pi297,Except Ps 1221,

  • Taxes: $5,000

  • Taxes Type: Annual

Land

  • Cross Street: Peel & Main

  • Municipality District: Penetanguishene

  • Parcel Number: 584330133

  • Lot Depth: 174 Feet

  • Lot Frontage: 55 Feet

  • Zoning: Residential

Additional Media

  • Virtual Tour: https://www.youtube.com/watch?v=hzdC9XCHnGk

Commercial Specific

  • Total Area: 5000

  • Total Area Metric: Sq Ft

  • Area Influence: Grnbelt/Conserv

  • Lot Code: Lot

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Very Walkable

  • Most errands can be accomplished on foot.
77 /100

Bikeable

  • Some errands can be accomplished on bike.
53 /100
Map of 11 Peel Street, Penetanguishene
7-8

École élémentaire Le Caron

Elementary: Public
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JK-6

École publique Saint-Joseph

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JK-8

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40.29 km
9-12

Elmvale District High School

Secondary: Public
21.85 km
9-12

St Theresa's Separate School

Secondary: Catholic
5.98 km

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 135 Main Street, Penetanguishene | MLS: S8204058
For Sale
3 weeks ago
$X,XXX,XXX
  • — bath
  • — bed

135 Main Street, Penetanguishene, Ontario • L9M 1L7 • Penetanguishene