$1,349,900 FOR SALE

Detached

Bedrooms: 9Bathrooms: 7Lot: 55 x 174 ft

11 Peel Street
Penetanguishene, ON L9M 1A5

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. (id:47423)

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Listed By RE/MAX Hallmark Chay Realty Brokerage
Data Provided By Barrie & District Association of REALTORS® Inc.
MLS® Listing Number 40568373
Last Updated Apr 10, 2024
Property Summary
Property Type Detached

More like this:
Subdivision PE01 - East of Main Street
Price History
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Detailed Information
Bedrooms 9
Bathrooms 7
Lot 55 x 174 ft
Amenities Nearby Place of Worship, Schools
Equipment Water Heater
Listing Contract Date 2024-04-10
Location Description Peel St & Simcoe St
Ownership Type Freehold
# of Parking Spaces 7
Property Type Single Family
Rental Equipment Water Heater
Transaction Type For sale
Zoning Description G-6
Building
Appliances Refrigerator, Stove
Basement Development Partially finished
Basement Type Partial (Partially finished)
Construction Style (Attachment) Detached
Cooling Type None
Exterior Finish Brick
Foundation Type Stone
# of Half Bathrooms 1
Heating Fuel Natural gas
Heating Type Baseboard heaters, Forced air
Type House
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
2pc BathroomMain levelMeasurements not available
BedroomMain level32'8'' x 36'1''
BedroomMain level32'8'' x 36'1''
BedroomMain level32'8'' x 36'1''
BedroomMain level32'8'' x 36'1''
BedroomMain level26'2'' x 32'8''
BedroomMain level32'8'' x 36'1''
BedroomMain level26'2'' x 29'5''
BedroomMain level36'1'' x 39'3''
BedroomMain level36'1'' x 39'3''
4pc BathroomMain levelMeasurements not available
4pc BathroomMain levelMeasurements not available
4pc BathroomMain levelMeasurements not available
3pc BathroomMain levelMeasurements not available
3pc BathroomMain levelMeasurements not available
4pc BathroomMain levelMeasurements not available
KitchenMain level32'8'' x 32'8''
KitchenMain level32'8'' x 32'8''
KitchenMain level32'8'' x 32'8''
KitchenMain level32'8'' x 32'8''
KitchenMain level32'8'' x 32'8''
KitchenMain level32'8'' x 32'8''
Land
Total Size under 1/2 acre
Access Type Road access
Amenities Place of Worship, Schools
Sewer Municipal sewage system

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