$1,349,900^{FOR SALE}

Investment

Lot: 55 x 174 ftTotal Area: 5,000 ft²
2024 Taxes: $5,000

11 Peel St
Penetanguishene, ON L0K 1P0 | Simcoe

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.

Listed By	RE/MAX HALLMARK CHAY REALTY
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	S8222580
Last Updated	Jun 26, 2024

Property Summary

Property Type	Investment More like this: Penetanguishene Investment for Sale
Category	Apartment
PIN	584330133
Legal Description	Lt.3A E/S Peel, Pi297,Except Ps 1221,
Occupancy	Tenant
Possession Date	TBA
Taxes (2024)	$5,000
Tax Type	Annual
Directions/Cross Streets	Peel & Main
Neighbourhood	Penetanguishene
Area	Simcoe

Price History

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Detailed Information

Freestanding	Y
Bathrooms	7
Lot	55 x 174 ft
Total Area	5,000 ft²
Approximate Age	51-99
Air Conditioning	N
Basement	Y
Garage Type	None
Heat Type	Gas Forced Air Open
Area Influences	Grnbelt/Conserv
Utilities	Y
Water	Municipal
Lot/Bldg/Unit Code	Lot
Zoning	Residential
Seller Property Info Statement	N

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11 Peel St, Penetanguishene, ON L0K 1P0

Investment

11 Peel St Penetanguishene, ON L0K 1P0 | Simcoe

11 Peel St
Penetanguishene, ON L0K 1P0 | Simcoe