59 Peel Street, Penetanguishene | Image 1

59 Peel Street

Penetanguishene, Penetanguishene

  • - bed - bath - sqft
$X,XXX,XXX Listed: $X,XXX,XXX
Inactive

Inactive on Jul 15, 2024

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

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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: 91 Days

  • Added: Apr 15, 2024 (3 months on market)

  • Updated:

  • Last Checked: 1 month 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.

Status

  • Days on Market: 91

  • Last Status: Expired

  • Sold Date: May 09, 2025

  • Closed Date: Nov 30, -0001

  • Expiry Date: Jul 15, 2024

  • Unavailable Date: Jul 16, 2024

  • Input Date: Apr 15, 2024

  • Prior LSC: Listing with no contract changes

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
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St Ann's Separate School

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Canadian Martyrs Catholic School

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1.16 km
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James Keating Public School

Elementary: Public
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Georgian Bay District Secondary School

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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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