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39 Poyntz Street Penetanguishene, Ontario L9M 1N5

12000 sqft
Hot Water Radiator Heat

$2,399,000

12,000 s.f. building currently a 23 room retirement home/rooming house. Seller has made application to rezone to residential to permit 16 units in main building plus sever the house on the property to permit 2 more units in house plus 2 garage buildings that may be able to be converted for residential. Retirement home operated for the past 20+ years. Currently Vacant. Built in 1962 with block and cement flooring with renovations most recently completed in 2023 included upgrades to plumbing and installation of a sprinkler system. Being sold with plans and zoning for multi res use, or can be run as retirement home still. Main building is 8600 sq. ft. with attached 2 unit duplex (House) 3400 sq. ft. Currently 25 private rooms in main building plus, living room, kitchen, multiple washrooms, office, laundry room. Attached house with 2 full additional living quarters, garage and shop buildings also on the property. Nicely situated on large lot overlooking Georgian Bay. Close to Village Square Mall, St Ann's Church, the Penetanguishene legion and the Main Street amenities. (id:43390)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number S10929692
Property Type Multi-family
Community Name Penetanguishene

Building

HeatingType Hot Water Radiator Heat
SizeInterior 12000 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 208 Ft
SizeFrontage 208 Ft
SizeIrregular 208 X 208 Ft
SizeTotalText 208 X 208 Ft
ZoningDescription Residential (application)

https://www.realtor.ca/real-estate/27684201/39-poyntz-street-penetanguishene-penetanguishene

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Catherine Anne Lowe
Broker of Record


Ed Lowe Limited
47 Mills Road #6
Barrie, Ontario L4N 6H4

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