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. |
Price | $1,349,900 |
Taxes: | $5000.00 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 11 Peel St , Penetanguishene, L0K 1P0, Ontario |
Postal Code: | L0K 1P0 |
Province/State: | Ontario |
Legal Description: | Lt.3A E/S Peel, Pi297,Except Ps 1221, |
Lot Size: | 55.00 x 174.00 (Feet) |
Directions/Cross Streets: | Peel & Main |
Category: | Apartment |
Building Percentage: | Y |
Total Area: | 5000.00 |
Total Area Code: | Sq Ft |
Area Influences: | Grnbelt/Conserv |
Approximatly Age: | 51-99 |
Washrooms: | 7 |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | N |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX HALLMARK CHAY REALTY |
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Type: | Com - Investment |
Area: | Simcoe |
Municipality: | Penetanguishene |
Neighbourhood: | Penetanguishene |
Lot Size: | 55.00 x 174.00(Feet) |
Approximate Age: | 51-99 |
Tax: | $5,000 |
Baths: | 7 |