59 Peel Street, Penetanguishene | Image 1

59 Peel Street

Penetanguishene, Penetanguishene

  • 7 bed 6 bath 3500 sqft
$1,099,000 est.*: $3,723/mo
For Sale

Added 2 weeks ago

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  • Type: Multiplex

  • Style: Other

  • Size: 3500 sqft

  • Lot Size: 60.54 x 197.99 Feet

  • Age: 51-99 years

  • Taxes: $5,420 per year

  • Days on Site: 8 Days

  • Added: Apr 15, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 4 hours ago

  • MLS®#: S8235500

  • Listed By: Faris team real estate

Top 5 Reasons You Will Love This Property: 1) Rare six-plex, one-story building offers convenience while being ideally situated in-town and within walking distance to amenities and the stunning Georgian Bay 2) One bedroom rents proven out to get $1750/month, when the remaining five units are renovated and brought to market rate potential to increase value by $1 million+ 3) $60,276 in annual net operating income potential upside opportunity after renovating and bringing 5 remaining units to market rents 4) Additional value opportunity with each unit having two parking spaces 5) Incredible opportunity to generate passive income. Visit our website for more detailed information.

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: Other

  • Size (sq ft): 3500

  • Age: 51-99

  • Area: Penetanguishene

  • Community: Penetanguishene

  • Availability Date: 60-89 Days

Inside

  • Bedrooms: 7

  • Bathrooms: 6

  • Kitchens: 6

  • Rooms: 19

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 6

Building

  • Basement: None

  • Heat Type: Baseboard

  • Heat Source: Electric

  • Exterior: Alum Siding

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Lane

  • Garage Type: None

  • Covered Parking Spaces: 10

  • Total Parking Spaces: 10

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 2 E/S PITT ST PL 36 PTS 1 & 2 51R34045; PENETANGUISHENE

  • Taxes: $5,420

Land

  • Cross Street: Wolfe St/Peel St

  • Municipality District: Penetanguishene

  • Fronting On: East

  • Parcel Number: 584340266

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 197.99 Feet

  • Lot Frontage: 60.54 Feet

  • Acres: < .50

  • Zoning: R2

Additional Media

  • Virtual Tour: https://youtu.be/CujJLAi9NOo

Rooms

Room details for 59 Peel Street, Penetanguishene

Type Dimensions
Kitchen Main 4.90 x 5.03
Living Main 4.04 x 4.66
Br Main 2.81 x 3.55
Kitchen Main 3.74 x 3.89
Living Main 3.54 x 4.69
Br Main 3.04 x 4.97
Kitchen Main 3.73 x 4.64
Living Main 3.73 x 4.69
Br Main 1.99 x 3.87
Br Main 2.55 x 3.63
Kitchen Main 2.33 x 4.69
Living Main 3.75 x 4.70
See 3D Tour of 59 Peel Street, Penetanguishene
Video Tour
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Very Walkable

  • Most errands can be accomplished on foot.
74 /100

Bikeable

  • Some errands can be accomplished on bike.
56 /100
Map of 59 Peel Street, Penetanguishene
7-8

École élémentaire Le Caron

Elementary: Public
1.50 km
JK-6

École publique Saint-Joseph

Elementary: Public
0.96 km
JK-8

St Ann's Separate School

Elementary: Catholic
1.03 km
JK-8

Canadian Martyrs Catholic School

Elementary: Catholic
1.16 km
JK-8

Burkevale Protestant Separate School

Elementary: Protestant Separate
0.19 km
JK-8

James Keating Public School

Elementary: Public
0.60 km
9-12

Georgian Bay District Secondary School

Secondary: Public
4.39 km
9-12

North Simcoe Campus

Secondary: Public
6.51 km
9-12

École secondaire Le Caron

Secondary: Public
1.57 km
9-12

Stayner Collegiate Institute

Secondary: Public
40.72 km
9-12

Elmvale District High School

Secondary: Public
22.31 km
9-12

St Theresa's Separate School

Secondary: Catholic
6.28 km

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Get the lowest mortgage rate, really fast!

ON Rates as low as: 6.05% 5 Year Variable
11 Peel Street, Penetanguishene | MLS: S8222570
For Sale
2 weeks ago
$1,349,900
  • 7 bath
  • 9 bed
  • 3500 sqft

11 Peel Street, Penetanguishene, Ontario • L0K 1P0 • Penetanguishene