$1,099,000 FOR SALE

Detached

Bedrooms: 7Bathrooms: 6Lot: 61 x 198 ft

59 Peel Street
Penetanguishene, ON L9M 1B7

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. (id:47423)

Share

Listed By Faris Team Real Estate Brokerage, Faris Team Real Estate Brokerage (Midland)
Data Provided By Barrie & District Association of REALTORS® Inc.
MLS® Listing Number 40569934
Last Updated Apr 23, 2024
Property Summary
Property Type Detached

More like this:
Subdivision PE01 - East of Main Street
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Bedrooms 7
Bathrooms 6
Lot 61 x 198 ft
Features Paved driveway
Listing Contract Date 2024-04-15
Location Description Wolfe St/Peel St
Ownership Type Freehold
# of Parking Spaces 10
Property Type Single Family
Transaction Type For sale
Zoning Description R2
Building
Basement Type None
Constructed Date 1930
Construction Style (Attachment) Detached
Cooling Type None
Exterior Finish Aluminum siding
Heating Fuel Electric
Heating Type Baseboard heaters
Stories Total 1
Type House
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
3pc BathroomMain levelMeasurements not available
StorageMain level11'9'' x 5'7''
3pc BathroomMain levelMeasurements not available
KitchenMain level12'9'' x 12'3''
Living roomMain level15'4'' x 11'7''
BedroomMain level16'4'' x 10'0''
3pc BathroomMain levelMeasurements not available
KitchenMain level16'6'' x 16'1''
Living roomMain level15'4'' x 13'3''
BedroomMain level11'8'' x 9'3''
BedroomMain level11'11'' x 8'4''
BedroomMain level12'8'' x 6'6''
Living roomMain level15'5'' x 12'3''
KitchenMain level15'3'' x 12'3''
3pc BathroomMain levelMeasurements not available
BedroomMain level12'10'' x 12'4''
Living roomMain level15'5'' x 12'0''
KitchenMain level15'5'' x 7'8''
3pc BathroomMain levelMeasurements not available
BedroomMain level15'0'' x 12'9''
Living roomMain level18'7'' x 10'9''
KitchenMain level14'2'' x 6'7''
3pc BathroomMain levelMeasurements not available
BedroomMain level12'1'' x 8'4''
Living roomMain level14'0'' x 11'5''
KitchenMain level14'0'' x 10'9''
Land
Total Size under 1/2 acre
Sewer Municipal sewage system
External Links

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.