$ 1,349,900
9 + 2

Beds

6

Baths

11 Peel St, Penetanguishene

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.

Key Details

For Sale Price: $ 1,349,900
Property Lot Size: 54.78 x 173.58 Feet Ft
Property Tax: $5,000.00 / 2024
Bedrooms: 9 + 2
Bathrooms: 6
Basement: Crawl Space / Partially Finished
MLS Listing ID: S8012266

Property Details

Property Style Multi-Plex / 3 Storey
Exterior Brick
Water Municipal
Parking Spots 7
Heating Gas / Forced Air
Cooling None

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Similar Properties

Key Details

For Sale Price: $ 1,349,900
Property Lot Size: 54.78 x 173.58 Feet Ft
Property Tax: $5,000.00 / 2024
Bedrooms: 9 + 2
Bathrooms: 6
Basement: Crawl Space / Partially Finished
MLS Listing ID: S8012266

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